Foguth Wealth Management LLC. Reduces Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Foguth Wealth Management LLC. decreased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 34.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 14,598 shares of the company’s stock after selling 7,774 shares during the quarter. Foguth Wealth Management LLC.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,338,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at $2,407,000. Main Street Financial Solutions LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock valued at $948,000 after purchasing an additional 4,179 shares during the last quarter. Quantinno Capital Management LP boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the 2nd quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock worth $12,412,000 after purchasing an additional 120,540 shares during the period. Karpus Management Inc. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% during the 2nd quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after purchasing an additional 765 shares during the period. Finally, Darwin Wealth Management LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth $123,000.

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

NYSEARCA BIL opened at $91.68 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.78. The firm’s fifty day moving average is $91.54 and its two-hundred day moving average is $91.53.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.