Lord & Richards Wealth Management LLC Sells 11,721 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Lord & Richards Wealth Management LLC cut its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 82.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 2,557 shares of the company’s stock after selling 11,721 shares during the period. Lord & Richards Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $235,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BIL. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 5,842.9% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,868,218 shares of the company’s stock valued at $171,372,000 after buying an additional 1,836,782 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at approximately $109,043,000. AGF Management Ltd. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 80.2% during the first quarter. AGF Management Ltd. now owns 2,453,640 shares of the company’s stock valued at $225,072,000 after buying an additional 1,092,381 shares during the last quarter. Partners Capital Investment Group LLP boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 30.1% during the first quarter. Partners Capital Investment Group LLP now owns 2,812,458 shares of the company’s stock valued at $257,987,000 after buying an additional 650,315 shares during the last quarter. Finally, 3EDGE Asset Management LP boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 30.0% during the second quarter. 3EDGE Asset Management LP now owns 2,535,005 shares of the company’s stock valued at $232,534,000 after buying an additional 585,201 shares during the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Down 0.3%

NYSEARCA:BIL opened at $91.47 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.29 and a 1 year high of $91.80. The business has a 50 day simple moving average of $91.62 and a 200-day simple moving average of $91.61.

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.