Sovereign Investment Advisors LLC Decreases Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Sovereign Investment Advisors LLC cut its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 9.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,855 shares of the company’s stock after selling 5,920 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 1.0% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Sovereign Investment Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $5,394,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after purchasing an additional 2,438,044 shares in the last quarter. Wells Fargo & Company MN lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% during the fourth quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after buying an additional 279,751 shares in the last quarter. Captrust Financial Advisors boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after buying an additional 2,487,366 shares during the last quarter. Assetmark Inc. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock worth $523,019,000 after buying an additional 4,246,874 shares during the last quarter. Finally, Capital Wealth Planning LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% in the 4th quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock valued at $439,386,000 after buying an additional 214,187 shares in the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

Shares of BIL opened at $91.45 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.77. The stock has a fifty day simple moving average of $91.53 and a two-hundred day simple moving average of $91.53.

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.