Sovereign Investment Advisors LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report) by 6.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 48,728 shares of the company’s stock after buying an additional 2,787 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 1.2% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Sovereign Investment Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,470,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 384.1% in the 1st quarter. Pinnacle Bancorp Inc. now owns 305 shares of the company’s stock valued at $28,000 after buying an additional 242 shares in the last quarter. Western Pacific Wealth Management LP purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at approximately $38,000. Wayfinding Financial LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at approximately $39,000. Bangor Savings Bank purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth $50,000. Finally, Bessemer Group Inc. acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter worth $59,000.
SPDR Bloomberg 1-3 Month T-Bill ETF Trading Up 0.0%
Shares of BIL opened at $91.47 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.29 and a 12 month high of $91.80. The stock has a fifty day moving average price of $91.62 and a 200-day moving average price of $91.60.
SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.
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