Biltmore Wealth Management LLC Acquires 22,706 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Biltmore Wealth Management LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 19.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 142,072 shares of the company’s stock after purchasing an additional 22,706 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 4.1% of Biltmore Wealth Management LLC’s holdings, making the stock its 11th biggest position. Biltmore Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $13,019,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Assetmark Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after buying an additional 4,246,874 shares during the last quarter. Corient Private Wealth LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% during the fourth quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock worth $389,433,000 after acquiring an additional 4,080,998 shares during the period. Bank of America Corp DE grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after acquiring an additional 2,438,044 shares during the period. Counterpoint Mutual Funds LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter valued at approximately $202,198,000. Finally, Cetera Investment Advisers raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during the first quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock valued at $398,538,000 after acquiring an additional 1,487,570 shares in the last quarter.

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

Shares of NYSEARCA BIL traded up $0.04 during midday trading on Friday, reaching $91.51. 5,994,803 shares of the stock were exchanged, compared to its average volume of 10,401,744. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.77. The firm has a 50-day simple moving average of $91.52 and a two-hundred day simple 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.