Tower Wealth Partners Inc. Sells 2,365 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Tower Wealth Partners Inc. trimmed its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 40.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,532 shares of the company’s stock after selling 2,365 shares during the quarter. Tower Wealth Partners Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $324,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BIL. Capital & Planning LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.4% in the 2nd quarter. Capital & Planning LLC now owns 10,239 shares of the company’s stock valued at $939,000 after acquiring an additional 141 shares in the last quarter. Steel Grove Capital Advisors LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.7% in the 1st quarter. Steel Grove Capital Advisors LLC now owns 23,217 shares of the company’s stock valued at $2,130,000 after acquiring an additional 150 shares in the last quarter. Graypoint LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.6% in the 1st quarter. Graypoint LLC now owns 25,564 shares of the company’s stock valued at $2,345,000 after acquiring an additional 161 shares in the last quarter. Wedbush Securities Inc. lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% in the 1st quarter. Wedbush Securities Inc. now owns 40,842 shares of the company’s stock valued at $3,746,000 after acquiring an additional 220 shares in the last quarter. Finally, Secure Asset Management LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 8.6% in the 2nd quarter. Secure Asset Management LLC now owns 2,842 shares of the company’s stock valued at $261,000 after acquiring an additional 224 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.59 on Thursday. The company’s 50-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 has a one year low of $91.29 and a one year high of $91.80.

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.