Paragon Capital Management Inc. Buys 6,113 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Paragon Capital Management Inc. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 7.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,133 shares of the company’s stock after purchasing an additional 6,113 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 5.8% of Paragon Capital Management Inc.’s investment portfolio, making the stock its 3rd largest holding. Paragon Capital Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $7,719,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Bank of Nova Scotia increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 38.5% in the second quarter. Bank of Nova Scotia now owns 443,976 shares of the company’s stock worth $40,724,000 after acquiring an additional 123,509 shares in the last quarter. Global Retirement Partners LLC bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $25,200,000. Hengehold Capital Management LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.3% during the 2nd quarter. Hengehold Capital Management LLC now owns 19,001 shares of the company’s stock worth $1,743,000 after buying an additional 956 shares during the period. Lido Advisors LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 57.4% during the 2nd quarter. Lido Advisors LLC now owns 52,523 shares of the company’s stock worth $4,818,000 after buying an additional 19,158 shares during the period. Finally, Wheelhouse Advisory Group LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the second quarter. Wheelhouse Advisory Group LLC now owns 70,969 shares of the company’s stock valued at $6,510,000 after buying an additional 2,868 shares during the period.

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

Shares of BIL stock opened at $91.33 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78. The firm has a fifty day moving average of $91.57 and a 200-day 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.