Islay Capital Management LLC Acquires 66,422 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Islay Capital Management LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 38.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 238,026 shares of the company’s stock after acquiring an additional 66,422 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 10.2% of Islay Capital Management LLC’s investment portfolio, making the stock its largest position. Islay Capital Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $21,813,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Focused Alpha LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter valued at about $721,000. CFS Investment Advisory Services LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1,136.8% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 107,121 shares of the company’s stock worth $9,796,000 after purchasing an additional 98,460 shares during the last quarter. Novem Group grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 16.8% during the 3rd quarter. Novem Group now owns 3,138 shares of the company’s stock valued at $288,000 after buying an additional 452 shares during the last quarter. Sterling Investment Counsel LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter valued at $366,000. Finally, Lockerman Financial Group Inc. purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth $265,000.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock traded up $0.01 during mid-day trading on Tuesday, hitting $91.58. 3,993,759 shares of the company were exchanged, compared to its average volume of 10,363,239. The business’s 50 day simple moving average is $91.53 and its two-hundred day simple moving average is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.77.

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.