Morgan Dempsey Capital Management LLC Boosts Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Morgan Dempsey Capital Management LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 15.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 66,598 shares of the company’s stock after buying an additional 9,086 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 2.8% of Morgan Dempsey Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Morgan Dempsey Capital Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $6,103,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at $2,407,000. Main Street Financial Solutions LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% in the second quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock worth $948,000 after buying an additional 4,179 shares in the last quarter. Quantinno Capital Management LP increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% in the second quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock worth $12,412,000 after buying an additional 120,540 shares in the last quarter. Karpus Management Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after buying an additional 765 shares during the period. Finally, Darwin Wealth Management LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth about $123,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

BIL stock opened at $91.55 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78. The business’s 50-day moving average price is $91.52 and its 200-day moving average price is $91.51.

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.