Merit Financial Group LLC Has $62.05 Million Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Merit Financial Group LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 30.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 677,106 shares of the company’s stock after buying an additional 159,555 shares during the quarter. Merit Financial Group LLC owned 0.13% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $62,050,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Wealthcare Capital Management LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.6% in the second quarter. Wealthcare Capital Management LLC now owns 6,989 shares of the company’s stock valued at $640,000 after acquiring an additional 112 shares during the last quarter. Solstein Capital LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% in the fourth quarter. Solstein Capital LLC now owns 1,381 shares of the company’s stock worth $126,000 after acquiring an additional 115 shares during the last quarter. Verity Asset Management Inc. lifted its holdings in shares of 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 acquiring an additional 117 shares during the last quarter. IFC & Insurance Marketing Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.2% in the 1st quarter. IFC & Insurance Marketing Inc. now owns 4,219 shares of the company’s stock valued at $387,000 after purchasing an additional 131 shares in the last quarter. Finally, Summit Financial Strategies Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.6% in the 1st quarter. Summit Financial Strategies Inc. now owns 4,015 shares of the company’s stock valued at $368,000 after purchasing an additional 141 shares in the last quarter.

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

Shares of SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.51 on Thursday. The firm’s 50 day moving average is $91.52 and its 200 day moving average is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78.

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.