Verdence Capital Advisors LLC Buys 108,885 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Verdence Capital Advisors LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 24.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 545,837 shares of the company’s stock after acquiring an additional 108,885 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 2.9% of Verdence Capital Advisors LLC’s portfolio, making the stock its 2nd largest position. Verdence Capital Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $50,053,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Pacific Capital Wealth Advisors Inc. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 21.2% during the 3rd quarter. Pacific Capital Wealth Advisors Inc. now owns 165,914 shares of the company’s stock worth $15,223,000 after buying an additional 29,001 shares during the last quarter. SFI Advisors LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.3% in the third quarter. SFI Advisors LLC now owns 83,155 shares of the company’s stock valued at $7,629,000 after acquiring an additional 3,404 shares during the period. Intrua Financial LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth approximately $343,000. Axecap Investments LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.0% in the 3rd quarter. Axecap Investments LLC now owns 13,988 shares of the company’s stock valued at $1,283,000 after acquiring an additional 143 shares during the period. Finally, Rovin Capital UT ADV raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 23.6% in the 3rd quarter. Rovin Capital UT ADV now owns 31,485 shares of the company’s stock valued at $2,889,000 after purchasing an additional 6,013 shares during the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.54 on Monday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78. The firm has a fifty day moving average price of $91.51 and a 200 day moving average price of $91.57.

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.