Norway Savings Bank Takes Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Norway Savings Bank bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 8,463 shares of the company’s stock, valued at approximately $776,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. MRA Advisory Group lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 10.1% during the second quarter. MRA Advisory Group now owns 2,597 shares of the company’s stock worth $238,000 after purchasing an additional 239 shares during the period. Gradient Investments LLC grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.0% during the second quarter. Gradient Investments LLC now owns 457,506 shares of the company’s stock worth $41,926,000 after buying an additional 4,422 shares in the last quarter. Beacon Bank & Trust grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 40.2% during the second quarter. Beacon Bank & Trust now owns 10,307 shares of the company’s stock worth $945,000 after buying an additional 2,954 shares in the last quarter. Invariant Investment Management increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 12.2% in the 2nd quarter. Invariant Investment Management now owns 9,375 shares of the company’s stock valued at $857,000 after buying an additional 1,019 shares during the period. Finally, MFG Wealth Management Inc. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 54.2% in the 2nd quarter. MFG Wealth Management Inc. now owns 8,392 shares of the company’s stock valued at $769,000 after buying an additional 2,950 shares during the period.

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

Shares of NYSEARCA:BIL opened at $91.48 on Friday. The firm has a 50 day moving average of $91.52 and a 200-day moving average of $91.52. 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.