Hsbc Holdings PLC Cuts Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Hsbc Holdings PLC lessened its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 10.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 215,960 shares of the company’s stock after selling 26,350 shares during the quarter. Hsbc Holdings PLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $19,734,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BIL. Corient Private Wealth LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% during the fourth quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock worth $389,433,000 after buying an additional 4,080,998 shares during the period. Captrust Financial Advisors increased its holdings in 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 valued at $529,995,000 after buying an additional 2,487,366 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the 3rd quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after acquiring an additional 2,287,314 shares during the period. Bank of America Corp DE lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after acquiring an additional 2,270,073 shares during the period. Finally, ArrowMark Colorado Holdings LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 466.3% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,562,730 shares of the company’s stock valued at $143,380,000 after acquiring an additional 1,286,774 shares during the period.

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

Shares of NYSEARCA:BIL opened at $91.59 on Thursday. The business’s 50 day simple moving average is $91.53 and its 200-day simple moving average is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month high of $91.78.

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.