Dean Jacobson Financial Services LLC Sells 249,127 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Dean Jacobson Financial Services LLC cut its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 48.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 266,795 shares of the company’s stock after selling 249,127 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 17.8% of Dean Jacobson Financial Services LLC’s portfolio, making the stock its 4th biggest position. Dean Jacobson Financial Services LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $24,479,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter worth approximately $25,000. Atlantic Union Bankshares Corp boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after purchasing an additional 119 shares during the last quarter. City Holding Co. increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% during the third quarter. City Holding Co. now owns 310 shares of the company’s stock worth $28,000 after buying an additional 270 shares during the period. GPS Wealth Strategies Group LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% during the third quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock worth $36,000 after buying an additional 126 shares during the period. Finally, Imprint Wealth LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth $44,000.

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

BIL stock opened at $91.54 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78. The company’s fifty day simple moving average is $91.51 and its 200 day simple moving average is $91.54.

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.