Lunt Capital Management Inc. Purchases 104,694 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Lunt Capital Management Inc. boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 358.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 133,892 shares of the company’s stock after acquiring an additional 104,694 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 4.7% of Lunt Capital Management Inc.’s portfolio, making the stock its 3rd largest position. Lunt Capital Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $12,282,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Pinnacle Bancorp Inc. raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 384.1% in the first quarter. Pinnacle Bancorp Inc. now owns 305 shares of the company’s stock valued at $28,000 after buying an additional 242 shares during the period. Western Pacific Wealth Management LP bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at $38,000. Wayfinding Financial LLC bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at $39,000. Ameriflex Group Inc. lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% during the 2nd quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock valued at $44,000 after purchasing an additional 324 shares during the last quarter. Finally, Bangor Savings Bank bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth $50,000.

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

NYSEARCA:BIL opened at $91.58 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.29 and a one year high of $91.80. The firm’s fifty day moving average price is $91.61 and its two-hundred day moving average price is $91.59.

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.