Madison Investment Advisors LLC Takes $400,000 Position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Madison Investment Advisors LLC bought a new position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,371 shares of the company’s stock, valued at approximately $400,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets grew its stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 37.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 332,764 shares of the company’s stock valued at $30,551,000 after purchasing an additional 90,648 shares during the period. Bank of New York Mellon Corp boosted its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 4.3% in the 4th quarter. Bank of New York Mellon Corp now owns 209,699 shares of the company’s stock valued at $19,173,000 after buying an additional 8,699 shares in the last quarter. BankPlus Trust Department bought a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the fourth quarter valued at $199,000. Beacon Wealthcare LLC raised its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 15.6% during the fourth quarter. Beacon Wealthcare LLC now owns 23,519 shares of the company’s stock worth $2,150,000 after acquiring an additional 3,176 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 66.5% during the fourth quarter. First Horizon Advisors Inc. now owns 4,143 shares of the company’s stock valued at $379,000 after acquiring an additional 1,655 shares during the period.

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF Stock Performance

Shares of NYSEARCA:BIL opened at $91.58 on Friday. The company’s fifty day moving average is $91.58 and its 200-day moving average is $91.59. 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.

SPDR Bloomberg Barclays 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.