SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Position Lessened by Tectonic Advisors LLC

Tectonic Advisors LLC decreased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 8.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 393,418 shares of the company’s stock after selling 38,581 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 2.1% of Tectonic Advisors LLC’s portfolio, making the stock its 8th largest holding. Tectonic Advisors LLC owned approximately 0.09% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $36,088,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Vontobel Holding Ltd. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.0% during the second quarter. Vontobel Holding Ltd. now owns 57,411 shares of the company’s stock valued at $5,266,000 after buying an additional 11,840 shares during the period. Aurora Investment Managers LLC. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 7.4% during the second quarter. Aurora Investment Managers LLC. now owns 173,036 shares of the company’s stock valued at $15,873,000 after buying an additional 11,960 shares during the period. Morton Capital Management LLC CA purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at approximately $412,000. WESPAC Advisors LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 7.4% during the second quarter. WESPAC Advisors LLC now owns 5,457 shares of the company’s stock valued at $501,000 after buying an additional 374 shares during the period. Finally, Raub Brock Capital Management LP lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 76.0% during the second quarter. Raub Brock Capital Management LP now owns 93,530 shares of the company’s stock valued at $8,579,000 after buying an additional 40,396 shares during the period.

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

Shares of BIL opened at $91.53 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.29 and a 1 year high of $91.80. The company’s 50 day simple moving average is $91.61 and its 200 day simple moving average is $91.60.

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.