Kovack Advisors Inc. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report) by 1,027.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 47,084 shares of the company’s stock after acquiring an additional 42,909 shares during the quarter. Kovack Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,303,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Westwind Capital purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter worth approximately $28,000. Imprint Wealth LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter worth approximately $44,000. Fifth Third Bancorp boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% in the third quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock worth $49,000 after buying an additional 515 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after buying an additional 116 shares during the last quarter. Finally, Optima Capital LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter worth approximately $61,000.
SPDR Bloomberg 1-3 Month T-Bill ETF Price Performance
BIL opened at $91.48 on Friday. The company’s 50 day moving average is $91.51 and its 200 day moving average is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78.
About SPDR Bloomberg 1-3 Month T-Bill ETF
The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months. BIL was launched on May 25, 2007 and is managed by State Street.
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Want to see what other hedge funds are holding BIL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report).
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