Titan Investment Management LLC Takes Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Titan Investment Management LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 111,071 shares of the company’s stock, valued at approximately $10,150,000. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 9.2% of Titan Investment Management LLC’s portfolio, making the stock its 2nd biggest position.

Several other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after acquiring an additional 2,270,073 shares during the last quarter. UBS Group AG increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% in the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after acquiring an additional 268,076 shares during the last quarter. Wells Fargo & Company MN increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the 4th quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after acquiring an additional 279,751 shares during the last quarter. Captrust Financial Advisors raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after acquiring an additional 2,487,366 shares during the period. Finally, Capital Wealth Planning LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% during the 4th quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock valued at $439,386,000 after acquiring an additional 214,187 shares during the period.

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

NYSEARCA:BIL opened at $91.52 on Wednesday. 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 stock’s fifty day moving average price is $91.52 and its two-hundred day moving average price is $91.50.

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.