SPDR Bloomberg 1-3 Month T-Bill ETF $BIL is Spectrum Planning & Advisory Services Inc.’s Largest Position

Spectrum Planning & Advisory Services Inc. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 159.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 165,108 shares of the company’s stock after buying an additional 101,454 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 7.8% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its biggest position. Spectrum Planning & Advisory Services Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $15,088,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Cornerstone Investment Partners LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.3% in the third quarter. Cornerstone Investment Partners LLC now owns 36,329 shares of the company’s stock worth $3,333,000 after buying an additional 115 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after buying an additional 116 shares in the last quarter. Tower Wealth Partners Inc. increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% in the fourth quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock worth $442,000 after buying an additional 117 shares in the last quarter. Verity Asset Management Inc. increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% in the third quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock worth $226,000 after buying an additional 117 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the third quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock worth $25,000 after buying an additional 119 shares in the last quarter.

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

Shares of BIL opened at $91.39 on Wednesday. The business has a 50-day simple moving average of $91.54 and a two-hundred day simple moving average of $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78.

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.