Acorn Financial Advisory Services Inc. ADV Buys 64,175 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Acorn Financial Advisory Services Inc. ADV increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 81.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,414 shares of the company’s stock after buying an additional 64,175 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 2.2% of Acorn Financial Advisory Services Inc. ADV’s investment portfolio, making the stock its 14th largest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $13,155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of BIL. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 5,842.9% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,868,218 shares of the company’s stock worth $171,372,000 after buying an additional 1,836,782 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth $109,043,000. AGF Management Ltd. boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 80.2% in the first quarter. AGF Management Ltd. now owns 2,453,640 shares of the company’s stock worth $225,072,000 after purchasing an additional 1,092,381 shares during the last quarter. Partners Capital Investment Group LLP boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 30.1% in the first quarter. Partners Capital Investment Group LLP now owns 2,812,458 shares of the company’s stock worth $257,987,000 after purchasing an additional 650,315 shares during the last quarter. Finally, Modern Wealth Management LLC boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 491.6% in the first quarter. Modern Wealth Management LLC now owns 697,173 shares of the company’s stock worth $63,952,000 after purchasing an additional 579,318 shares during the last quarter.

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

BIL stock opened at $91.58 on Tuesday. The stock’s fifty day simple moving average is $91.61 and its two-hundred day simple moving average is $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.29 and a 1-year high of $91.80.

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.