SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock: Oppenheimer & Co. Inc. Reduces Stake

Oppenheimer & Co. Inc. decreased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 36.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 398,887 shares of the company’s stock after selling 231,830 shares during the period. Oppenheimer & Co. Inc. owned 0.07% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $36,554,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after buying an additional 2,438,044 shares during the period. Assetmark Inc. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after buying an additional 4,246,874 shares in the last quarter. Cetera Investment Advisers grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during the first quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock worth $398,538,000 after acquiring an additional 1,487,570 shares during the period. USA Financial Formulas acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth about $300,320,000. Finally, Counterpoint Mutual Funds LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth about $294,583,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Price Performance

Shares of NYSEARCA BIL opened at $91.64 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.77. The firm has a 50-day moving average of $91.54 and a two-hundred day moving average of $91.53.

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.