Westwood Holdings Group Inc. Sells 12,027 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Westwood Holdings Group Inc. trimmed its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 2.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 423,765 shares of the company’s stock after selling 12,027 shares during the quarter. Westwood Holdings Group Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $38,872,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of BIL. Hollencrest Capital Management boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 25.3% during the first quarter. Hollencrest Capital Management now owns 1,376 shares of the company’s stock worth $126,000 after acquiring an additional 278 shares in the last quarter. Winch Advisory Services LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 47.9% during the first quarter. Winch Advisory Services LLC now owns 253,578 shares of the company’s stock valued at $23,261,000 after purchasing an additional 82,148 shares during the period. Advisors Preferred LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 25.0% during the 1st quarter. Advisors Preferred LLC now owns 77,140 shares of the company’s stock worth $7,053,000 after purchasing an additional 15,440 shares in the last quarter. Wedbush Securities Inc. grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% in the 1st quarter. Wedbush Securities Inc. now owns 40,842 shares of the company’s stock valued at $3,746,000 after buying an additional 220 shares during the period. Finally, Intellus Advisors LLC grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 166.5% in the 1st quarter. Intellus Advisors LLC now owns 6,459 shares of the company’s stock valued at $592,000 after buying an additional 4,035 shares during the period.

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

BIL stock opened at $91.60 on Friday. The stock’s 50 day simple moving average is $91.61 and its 200 day simple moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.29 and a fifty-two week high of $91.80.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.