SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by Swmg LLC

Swmg LLC trimmed its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 83.5% in the third quarter, HoldingsChannel reports. The firm owned 3,140 shares of the company’s stock after selling 15,890 shares during the period. Swmg LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $288,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BIL. Assetmark Inc. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after purchasing an additional 4,246,874 shares in the last quarter. USA Financial Formulas bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter worth about $300,320,000. Counterpoint Mutual Funds LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter worth about $294,583,000. Bank of America Corp DE boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after purchasing an additional 2,438,044 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during the 1st quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock worth $398,538,000 after purchasing an additional 1,487,570 shares in the last quarter.

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

Shares of BIL opened at $91.63 on Monday. The stock has a 50-day moving average of $91.54 and a 200-day moving average of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.77.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.