Catalyst Capital Advisors LLC Invests $1.42 Million in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Catalyst Capital Advisors LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 1st quarter, HoldingsChannel reports. The fund acquired 15,500 shares of the company’s stock, valued at approximately $1,420,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of BIL. Bank of America Corp DE lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after purchasing an additional 2,270,073 shares during the last quarter. UBS Group AG boosted 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 buying an additional 268,076 shares during the period. Wells Fargo & Company MN grew its stake 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 valued at $638,302,000 after buying an additional 279,751 shares in 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, Assetmark Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock worth $523,019,000 after acquiring an additional 4,246,874 shares in the last quarter.

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

Shares of NYSEARCA BIL opened at $91.55 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78. The business has a 50-day simple moving average of $91.52 and a two-hundred day simple moving average of $91.51.

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.