Macco Financial Group Inc. Takes Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Macco Financial Group Inc. acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 4th quarter, Holdings Channel reports. The fund acquired 27,927 shares of the company’s stock, valued at approximately $2,552,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 2.2% of Macco Financial Group Inc.’s investment portfolio, making the stock its 14th biggest position.

Other hedge funds have also modified their holdings of the company. Spire Wealth Management increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 301.1% in the fourth quarter. Spire Wealth Management now owns 55,293 shares of the company’s stock valued at $5,053,000 after acquiring an additional 41,506 shares during the last quarter. AllGen Financial Advisors Inc. raised 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 in the last quarter. Fortis Capital Management LLC boosted its position 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 valued at $5,269,000 after purchasing an additional 9,536 shares during the last quarter. Culbertson A N & Co. Inc. boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 56.0% during the fourth quarter. Culbertson A N & Co. Inc. now owns 37,057 shares of the company’s stock valued at $3,386,000 after purchasing an additional 13,307 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 31.3% in the fourth quarter. Farther Finance Advisors LLC now owns 407,901 shares of the company’s stock valued at $37,274,000 after purchasing an additional 97,343 shares in the last quarter.

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

BIL stock opened at $91.57 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78. The business has a 50 day moving average price of $91.52 and a two-hundred day moving average price of $91.50.

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.