SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock: TFB Advisors LLC Reduces Position

TFB Advisors LLC lowered its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 63.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,366 shares of the company’s stock after selling 17,971 shares during the period. TFB Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $950,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BIL. Wealthcare Capital Management LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.6% during the 2nd quarter. Wealthcare Capital Management LLC now owns 6,989 shares of the company’s stock worth $640,000 after purchasing an additional 112 shares in the last quarter. Welch Group LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.0% during the 3rd quarter. Welch Group LLC now owns 11,993 shares of the company’s stock worth $1,099,000 after purchasing an additional 116 shares during the last quarter. Summa Corp. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.9% during the 3rd quarter. Summa Corp. now owns 7,236 shares of the company’s stock worth $663,000 after purchasing an additional 136 shares during the last quarter. Summit Financial Strategies Inc. lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.6% in the 1st quarter. Summit Financial Strategies Inc. now owns 4,015 shares of the company’s stock valued at $368,000 after buying an additional 141 shares in the last quarter. Finally, DORVAL Corp lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.0% in the 3rd quarter. DORVAL Corp now owns 15,606 shares of the company’s stock valued at $1,430,000 after buying an additional 148 shares in the last quarter.

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

BIL stock opened at $91.43 on Friday. The stock’s 50 day moving average price is $91.54 and its 200 day moving average price is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.73.

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.