SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock Position Raised by Cairn Investment Group Inc.

Cairn Investment Group Inc. increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 30.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 137,640 shares of the company’s stock after acquiring an additional 31,765 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 5.4% of Cairn Investment Group Inc.’s investment portfolio, making the stock its 4th biggest position. Cairn Investment Group Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $12,613,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BIL. Twin Lakes Capital Management LLC grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.7% in the fourth quarter. Twin Lakes Capital Management LLC now owns 374,717 shares of the company’s stock valued at $34,242,000 after purchasing an additional 9,811 shares in the last quarter. Dean Jacobson Financial Services LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2.4% during the 4th quarter. Dean Jacobson Financial Services LLC now owns 273,248 shares of the company’s stock worth $24,969,000 after buying an additional 6,453 shares in the last quarter. Total Investment Management Inc. acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter worth approximately $1,126,000. Moneco Advisors LLC boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 10.5% in the 4th quarter. Moneco Advisors LLC now owns 58,587 shares of the company’s stock valued at $5,354,000 after buying an additional 5,579 shares during the period. Finally, Kovack Advisors Inc. boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1,027.8% in the 4th quarter. Kovack Advisors Inc. now owns 47,084 shares of the company’s stock valued at $4,303,000 after buying an additional 42,909 shares during the period.

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

NYSEARCA:BIL opened at $91.39 on Wednesday. The company has a fifty day simple moving average of $91.54 and a two-hundred day simple moving average of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.77.

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.