HighTower Advisors LLC Sells 70,553 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

HighTower Advisors LLC trimmed its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 18.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 316,889 shares of the company’s stock after selling 70,553 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $29,040,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in 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 valued at $1,729,480,000 after acquiring an additional 2,438,044 shares in the last quarter. Wells Fargo & Company MN increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the fourth quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after buying an additional 279,751 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after buying an additional 2,487,366 shares during the period. Assetmark Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after buying an additional 4,246,874 shares in the last quarter. Finally, Capital Wealth Planning LLC grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% during the 4th quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock valued at $439,386,000 after acquiring an additional 214,187 shares during the period.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.46 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.77. The firm has a 50 day moving average of $91.52 and a 200 day moving average of $91.53.

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.