SPDR Bloomberg 1-3 Month T-Bill ETF $BIL is Smart Money Group LLC’s 6th Largest Position

Smart Money Group LLC lowered its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 24.1% during the first quarter, Holdings Channel.com reports. The firm owned 66,560 shares of the company’s stock after selling 21,110 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 1.8% of Smart Money Group LLC’s holdings, making the stock its 6th biggest holding. Smart Money Group LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $6,100,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. The Manufacturers Life Insurance Company purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at about $2,407,000. Main Street Financial Solutions LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% during the second quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock valued at $948,000 after acquiring an additional 4,179 shares during the last quarter. Quantinno Capital Management LP increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the second quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock valued at $12,412,000 after acquiring an additional 120,540 shares during the last quarter. Karpus Management Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the 2nd quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock valued at $669,000 after acquiring an additional 765 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at approximately $123,000.

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

Shares of BIL stock opened at $91.53 on Friday. The firm’s 50 day moving average price is $91.52 and its 200-day moving average price is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year 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.