Winch Advisory Services LLC Lowers Stock Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Winch Advisory Services LLC reduced its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 6.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 237,894 shares of the company’s stock after selling 15,684 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 5.3% of Winch Advisory Services LLC’s portfolio, making the stock its 6th biggest holding. Winch Advisory Services LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $21,822,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Western Pacific Wealth Management LP acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth $38,000. MeadowBrook Investment Advisors LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth about $43,000. Ameriflex Group Inc. raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% in the 2nd quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock worth $44,000 after purchasing an additional 324 shares in the last quarter. Bangor Savings Bank bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at about $50,000. Finally, GHP Investment Advisors Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% in the 2nd quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock valued at $54,000 after purchasing an additional 150 shares during the period.

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

Shares of BIL opened at $91.55 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.29 and a 12 month high of $91.80. The firm’s 50 day moving average is $91.60 and its 200-day moving average is $91.60.

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.