SPDR Bloomberg 1-3 Month T-Bill ETF $BIL is Precision Wealth Strategies LLC’s 3rd Largest Position

Precision Wealth Strategies LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 40.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 138,914 shares of the company’s stock after purchasing an additional 40,266 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 4.2% of Precision Wealth Strategies LLC’s investment portfolio, making the stock its 3rd biggest holding. Precision Wealth Strategies LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $12,730,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after acquiring an additional 2,270,073 shares during the period. UBS Group AG lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% during the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after acquiring an additional 268,076 shares during the period. Wells Fargo & Company MN lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% during the 4th quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after acquiring an additional 279,751 shares during the period. Captrust Financial Advisors lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after acquiring an additional 2,487,366 shares during the period. Finally, Assetmark Inc. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after purchasing an additional 4,246,874 shares during the last quarter.

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

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

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.