Cairn Investment Group Inc. Buys Shares of 80,825 SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Cairn Investment Group Inc. bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 80,825 shares of the company’s stock, valued at approximately $7,386,000. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 3.5% of Cairn Investment Group Inc.’s investment portfolio, making the stock its 8th biggest position.

A number of other hedge funds also recently made changes to their positions in the stock. Souders Financial Advisors raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.1% during the fourth quarter. Souders Financial Advisors now owns 15,105 shares of the company’s stock worth $1,380,000 after acquiring an additional 311 shares during the last quarter. Benjamin Edwards Inc. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 10.8% during the fourth quarter. Benjamin Edwards Inc. now owns 124,385 shares of the company’s stock worth $11,366,000 after acquiring an additional 12,139 shares during the last quarter. Forza Wealth Management LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.1% during the fourth quarter. Forza Wealth Management LLC now owns 65,778 shares of the company’s stock worth $6,011,000 after acquiring an additional 735 shares during the last quarter. Composition Wealth LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 96.6% during the fourth quarter. Composition Wealth LLC now owns 1,570,243 shares of the company’s stock worth $143,489,000 after acquiring an additional 771,605 shares during the last quarter. Finally, Horizon Investments LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.6% during the fourth quarter. Horizon Investments LLC now owns 69,140 shares of the company’s stock worth $6,318,000 after acquiring an additional 2,429 shares during the last quarter.

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

Shares of BIL opened at $91.40 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78. The business has a 50-day moving average of $91.53 and a 200-day moving average of $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.