Pacific Point Advisors LLC Has $29.85 Million Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Pacific Point Advisors LLC reduced its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 13.5% during the second quarter, according to its most recent filing with the SEC. The fund owned 325,434 shares of the company’s stock after selling 50,604 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 16.2% of Pacific Point Advisors LLC’s portfolio, making the stock its largest holding. Pacific Point Advisors LLC owned 0.07% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $29,852,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. PFG Investments LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.2% in the second quarter. PFG Investments LLC now owns 119,888 shares of the company’s stock worth $10,997,000 after acquiring an additional 3,723 shares during the period. Truist Financial Corp increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 6.0% during the 2nd quarter. Truist Financial Corp now owns 3,389,965 shares of the company’s stock worth $310,961,000 after purchasing an additional 191,980 shares during the last quarter. Donald L. Hagan LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.2% during the 2nd quarter. Donald L. Hagan LLC now owns 89,603 shares of the company’s stock worth $8,219,000 after purchasing an additional 1,090 shares during the last quarter. Pennsylvania Capital Management Inc. ADV increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1,007.2% during the 2nd quarter. Pennsylvania Capital Management Inc. ADV now owns 105,392 shares of the company’s stock worth $9,668,000 after purchasing an additional 95,873 shares during the last quarter. Finally, MBA Advisors LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 16.2% during the 2nd quarter. MBA Advisors LLC now owns 40,749 shares of the company’s stock worth $3,738,000 after purchasing an additional 5,684 shares during the last quarter.

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

Shares of NYSEARCA BIL opened at $91.75 on Wednesday. The stock has a fifty day simple moving average of $91.63 and a two-hundred day simple moving average of $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.29 and a 1-year high of $91.80.

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.