Channel Wealth LLC Purchases 9,867 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Channel Wealth LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 30.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,140 shares of the company’s stock after acquiring an additional 9,867 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 1.1% of Channel Wealth LLC’s portfolio, making the stock its 29th biggest position. Channel Wealth LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,866,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Steel Grove Capital Advisors LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.7% during the first quarter. Steel Grove Capital Advisors LLC now owns 23,217 shares of the company’s stock valued at $2,130,000 after buying an additional 150 shares during the last quarter. Graypoint LLC raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.6% in the first quarter. Graypoint LLC now owns 25,564 shares of the company’s stock worth $2,345,000 after buying an additional 161 shares during the period. AdvisorNet Financial Inc raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.3% in the first quarter. AdvisorNet Financial Inc now owns 16,176 shares of the company’s stock worth $1,484,000 after buying an additional 213 shares during the period. Wedbush Securities Inc. raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% during the 1st quarter. Wedbush Securities Inc. now owns 40,842 shares of the company’s stock valued at $3,746,000 after purchasing an additional 220 shares during the period. Finally, Pinnacle Bancorp Inc. raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 384.1% during the 1st quarter. Pinnacle Bancorp Inc. now owns 305 shares of the company’s stock valued at $28,000 after purchasing an additional 242 shares during the period.

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

NYSEARCA BIL opened at $91.62 on Wednesday. The business has a 50 day simple moving average of $91.61 and a two-hundred day simple moving average of $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.29 and a 1-year high of $91.82.

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.