Moulton Wealth Management Inc. Invests $3.20 Million in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Moulton Wealth Management Inc. bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 35,040 shares of the company’s stock, valued at approximately $3,203,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 2.1% of Moulton Wealth Management Inc.’s holdings, making the stock its 10th largest position.

A number of other hedge funds have also recently modified their holdings of the stock. Quarry LP acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter worth $36,000. Networth Advisors LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at $38,000. Imprint Wealth LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth about $44,000. Allspring Global Investments Holdings LLC grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after purchasing an additional 116 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 199.5% during the first quarter. Bessemer Group Inc. now owns 599 shares of the company’s stock worth $55,000 after purchasing an additional 399 shares in the last quarter.

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

BIL opened at $91.42 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.78. The business’s 50-day simple moving average is $91.53 and its 200-day simple moving average is $91.52.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.