Envestnet Portfolio Solutions Inc. Sells 124,726 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Envestnet Portfolio Solutions Inc. lessened its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 21.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 450,566 shares of the company’s stock after selling 124,726 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.10% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $41,330,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of BIL. Pinnacle Bancorp Inc. lifted its stake 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 acquiring an additional 242 shares during the last quarter. Western Pacific Wealth Management LP bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at about $38,000. Wayfinding Financial LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at about $39,000. Ameriflex Group Inc. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% in the 2nd quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock valued at $44,000 after acquiring an additional 324 shares during the last quarter. Finally, Bangor Savings Bank bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at about $50,000.

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

NYSEARCA BIL opened at $91.57 on Monday. 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 stock has a 50-day moving average of $91.60 and a 200-day moving average of $91.59.

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.