McNamara Financial Services Inc. Has $27.67 Million Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

McNamara Financial Services Inc. increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 11.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 301,603 shares of the company’s stock after buying an additional 31,916 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 5.5% of McNamara Financial Services Inc.’s portfolio, making the stock its 5th biggest holding. McNamara Financial Services Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $27,666,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Capital & Planning LLC grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.4% during the second quarter. Capital & Planning LLC now owns 10,239 shares of the company’s stock worth $939,000 after buying an additional 141 shares in the last quarter. Steel Grove Capital Advisors LLC grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.7% during the first quarter. Steel Grove Capital Advisors LLC now owns 23,217 shares of the company’s stock worth $2,130,000 after buying an additional 150 shares in the last quarter. Graypoint LLC grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.6% during the first quarter. Graypoint LLC now owns 25,564 shares of the company’s stock worth $2,345,000 after buying an additional 161 shares in the last quarter. Wedbush Securities Inc. grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% during the first quarter. Wedbush Securities Inc. now owns 40,842 shares of the company’s stock worth $3,746,000 after buying an additional 220 shares in the last quarter. Finally, Secure Asset Management LLC grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 8.6% during the second quarter. Secure Asset Management LLC now owns 2,842 shares of the company’s stock worth $261,000 after buying an additional 224 shares in the last quarter.

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

NYSEARCA:BIL opened at $91.57 on Monday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.29 and a 52-week high of $91.80. The stock has a 50-day simple moving average of $91.60 and a 200 day simple moving average of $91.59.

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.