Resolute Capital LLC Invests $874,000 in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Resolute Capital LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,561 shares of the company’s stock, valued at approximately $874,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Spire Wealth Management grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 301.1% during the fourth quarter. Spire Wealth Management now owns 55,293 shares of the company’s stock worth $5,053,000 after acquiring an additional 41,506 shares during the period. AllGen Financial Advisors Inc. grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 20.3% during the fourth quarter. AllGen Financial Advisors Inc. now owns 135,282 shares of the company’s stock worth $12,362,000 after acquiring an additional 22,838 shares during the period. 12th Street Asset Management Company LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 19.5% during the third quarter. 12th Street Asset Management Company LLC now owns 594,971 shares of the company’s stock worth $54,589,000 after acquiring an additional 97,245 shares during the period. Fortis Capital Management LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 19.9% during the third quarter. Fortis Capital Management LLC now owns 57,433 shares of the company’s stock worth $5,269,000 after acquiring an additional 9,536 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 31.3% during the fourth quarter. Farther Finance Advisors LLC now owns 407,901 shares of the company’s stock worth $37,274,000 after acquiring an additional 97,343 shares during the period.

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

NYSEARCA:BIL opened at $91.66 on Monday. The business’s 50-day moving average price is $91.54 and its 200 day moving average price is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-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.