Strait & Sound Wealth Management LLC Grows Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Strait & Sound Wealth Management LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 55.7% in the second quarter, HoldingsChannel reports. The firm owned 12,331 shares of the company’s stock after purchasing an additional 4,413 shares during the quarter. Strait & Sound Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,131,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Capital & Planning LLC lifted its stake in shares of 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 purchasing an additional 141 shares during the period. Graypoint LLC raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.6% in the first quarter. Graypoint LLC now owns 25,564 shares of the company’s stock worth $2,345,000 after purchasing an additional 161 shares during the last quarter. Wedbush Securities Inc. increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% during the first 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 during the last quarter. Secure Asset Management LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 8.6% during the second 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 during the last quarter. Finally, Baring Financial LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.4% during the second quarter. Baring Financial LLC now owns 60,128 shares of the company’s stock valued at $5,515,000 after purchasing an additional 229 shares during the period.

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

NYSEARCA:BIL opened at $91.70 on Friday. The stock has a 50-day simple moving average of $91.62 and a two-hundred day simple moving average of $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.29 and a 52-week high of $91.80.

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.