DORVAL Corp Raises Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

DORVAL Corp lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 25.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 8,318 shares of the company’s stock after acquiring an additional 1,710 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 0.3% of DORVAL Corp’s portfolio, making the stock its 27th largest position. DORVAL Corp’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $763,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Pinnacle Bancorp Inc. boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 384.1% in the first quarter. Pinnacle Bancorp Inc. now owns 305 shares of the company’s stock worth $28,000 after buying an additional 242 shares during the period. Western Pacific Wealth Management LP acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth about $38,000. Wayfinding Financial LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth about $39,000. Ameriflex Group Inc. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% in the second quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock worth $44,000 after acquiring an additional 324 shares in the last quarter. Finally, Bangor Savings Bank acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth about $50,000.

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

NYSEARCA:BIL opened at $91.58 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.29 and a one year high of $91.80. The business’s 50-day simple moving average is $91.61 and its 200 day simple moving average is $91.59.

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.