Mercer Global Advisors Inc. ADV Has $58.12 Million Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Mercer Global Advisors Inc. ADV boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 118.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 633,498 shares of the company’s stock after buying an additional 343,713 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $58,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of BIL. Cornerstone Investment Partners LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.3% in the 3rd quarter. Cornerstone Investment Partners LLC now owns 36,329 shares of the company’s stock worth $3,333,000 after purchasing an additional 115 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% during the third quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after buying an additional 119 shares during the last quarter. Premier Path Wealth Partners LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.2% in the third quarter. Premier Path Wealth Partners LLC now owns 3,987 shares of the company’s stock valued at $366,000 after buying an additional 124 shares during the period. GPS Wealth Strategies Group LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% in the third quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock valued at $36,000 after buying an additional 126 shares during the period. Finally, PAX Financial Group LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% during the third quarter. PAX Financial Group LLC now owns 2,913 shares of the company’s stock worth $267,000 after buying an additional 138 shares in the last quarter.

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

Shares of BIL opened at $91.51 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78. The stock’s 50-day moving average price is $91.50 and its 200 day moving average price is $91.54.

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.