SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Purchased by Ranch Capital Advisors Inc.

Ranch Capital Advisors Inc. boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 4.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 174,936 shares of the company’s stock after acquiring an additional 7,085 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 5.9% of Ranch Capital Advisors Inc.’s investment portfolio, making the stock its largest position. Ranch Capital Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $15,986,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at approximately $2,407,000. Main Street Financial Solutions LLC boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock worth $948,000 after acquiring an additional 4,179 shares during the last quarter. Quantinno Capital Management LP boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the 2nd quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock worth $12,412,000 after acquiring an additional 120,540 shares during the last quarter. Karpus Management Inc. grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% during the 2nd quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after acquiring an additional 765 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $123,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Trading Up 0.0%

NYSEARCA BIL opened at $91.53 on Friday. The firm’s 50 day moving average is $91.52 and its 200-day moving average is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78.

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.