Sowell Financial Services LLC Acquires 34,365 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Sowell Financial Services LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 116.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,754 shares of the company’s stock after acquiring an additional 34,365 shares during the quarter. Sowell Financial Services LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $5,842,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in BIL. City State Bank raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 323.4% during the third quarter. City State Bank now owns 453 shares of the company’s stock valued at $42,000 after purchasing an additional 346 shares in the last quarter. Innova Wealth Partners grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 16.7% in the 3rd quarter. Innova Wealth Partners now owns 4,368 shares of the company’s stock valued at $400,000 after buying an additional 624 shares in the last quarter. Robinson Value Management Ltd. bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter valued at about $1,559,000. Cypress Capital LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.3% in the 3rd quarter. Cypress Capital LLC now owns 391,632 shares of the company’s stock valued at $35,889,000 after buying an additional 16,304 shares in the last quarter. Finally, Norway Savings Bank grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 124.7% in the 3rd quarter. Norway Savings Bank now owns 19,013 shares of the company’s stock valued at $1,742,000 after buying an additional 10,550 shares in the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

Shares of NYSEARCA:BIL opened at $91.58 on Wednesday. The company has a 50 day moving average of $91.53 and a 200-day moving average of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.77.

SPDR Bloomberg 1-3 Month T-Bill ETF Profile

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.