Parallel Advisors LLC Purchases 7,731 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Parallel Advisors LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 29.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,553 shares of the company’s stock after acquiring an additional 7,731 shares during the period. Parallel Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,075,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in BIL. Bank of America Corp DE increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after purchasing an additional 2,438,044 shares during the period. Assetmark Inc. grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock worth $523,019,000 after purchasing an additional 4,246,874 shares in the last quarter. Cetera Investment Advisers raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% in the first quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock valued at $398,538,000 after purchasing an additional 1,487,570 shares in the last quarter. USA Financial Formulas purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $300,320,000. Finally, Counterpoint Mutual Funds LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $294,583,000.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.46 on Monday. The firm’s fifty day moving average price is $91.53 and its 200-day moving average price is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.73.

About SPDR Bloomberg 1-3 Month T-Bill ETF

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.