USA Financial Formulas Purchases 7,924 Shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

USA Financial Formulas increased its position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 3.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 252,502 shares of the company’s stock after buying an additional 7,924 shares during the quarter. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF makes up 3.6% of USA Financial Formulas’ portfolio, making the stock its 8th largest holding. USA Financial Formulas’ holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF were worth $23,086,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BIL. Thurston Springer Miller Herd & Titak Inc. grew its holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 7.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,618 shares of the company’s stock valued at $239,000 after purchasing an additional 189 shares during the period. Rosenberg Matthew Hamilton lifted its position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 3.2% during the 4th quarter. Rosenberg Matthew Hamilton now owns 72,881 shares of the company’s stock valued at $6,664,000 after buying an additional 2,286 shares in the last quarter. Global Financial Private Client LLC lifted its position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 25.3% during the 4th quarter. Global Financial Private Client LLC now owns 7,890 shares of the company’s stock valued at $721,000 after buying an additional 1,591 shares in the last quarter. AdvisorNet Financial Inc grew its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 991.1% in the 4th quarter. AdvisorNet Financial Inc now owns 15,963 shares of the company’s stock valued at $1,459,000 after acquiring an additional 14,500 shares during the period. Finally, Vigilare Wealth Management increased its holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 535.7% in the 4th quarter. Vigilare Wealth Management now owns 127,686 shares of the company’s stock worth $11,674,000 after acquiring an additional 107,600 shares in the last quarter.

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

BIL opened at $91.58 on Thursday. The firm’s fifty day simple moving average is $91.55 and its two-hundred day simple moving average is $91.60. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a 52-week low of $91.29 and a 52-week high of $91.83.

About SPDR Bloomberg Barclays 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.