Lake Hills Wealth Management LLC Grows Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Lake Hills Wealth Management LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 152.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 172,364 shares of the company’s stock after purchasing an additional 104,151 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 8.2% of Lake Hills Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Lake Hills Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $15,751,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Prudential PLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth approximately $683,000. Journey Strategic Wealth LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 40.7% during the second quarter. Journey Strategic Wealth LLC now owns 13,232 shares of the company’s stock worth $1,214,000 after purchasing an additional 3,826 shares during the period. Kohmann Bosshard Financial Services LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.8% during the second quarter. Kohmann Bosshard Financial Services LLC now owns 168,842 shares of the company’s stock worth $15,488,000 after purchasing an additional 1,360 shares during the period. Sfmg LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth $1,102,000. Finally, AlphaCore Capital LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% in the 2nd quarter. AlphaCore Capital LLC now owns 46,747 shares of the company’s stock worth $4,288,000 after purchasing an additional 232 shares in the last quarter.

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

NYSEARCA BIL opened at $91.57 on Friday. The company has a fifty day simple moving average of $91.51 and a 200 day simple moving average of $91.54. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78.

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.