SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock: Teamwork Financial Advisors LLC Trims Stake

Teamwork Financial Advisors LLC lessened its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 57.8% in the third quarter, Holdings Channel reports. The firm owned 171,103 shares of the company’s stock after selling 234,678 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 1.7% of Teamwork Financial Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Teamwork Financial Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $15,680,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Bank of America Corp DE raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after purchasing an additional 2,438,044 shares during the period. Assetmark Inc. boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock worth $523,019,000 after buying an additional 4,246,874 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% in the 1st quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock worth $398,538,000 after buying an additional 1,487,570 shares during the last quarter. USA Financial Formulas purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter worth about $300,320,000. Finally, Counterpoint Mutual Funds LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter valued at about $294,583,000.

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

BIL remained flat at $91.57 during trading on Monday. 12,051,514 shares of the company traded hands, compared to its average volume of 10,396,295. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.77. The firm’s 50 day moving average price is $91.53 and its two-hundred day moving average price is $91.53.

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.