Malaga Cove Capital LLC Has $8.63 Million Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Malaga Cove Capital LLC cut its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 24.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 94,483 shares of the company’s stock after selling 30,672 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 3.0% of Malaga Cove Capital LLC’s investment portfolio, making the stock its 3rd largest holding. Malaga Cove Capital LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $8,634,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of BIL. The Manufacturers Life Insurance Company bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth approximately $2,407,000. Main Street Financial Solutions LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock worth $948,000 after buying an additional 4,179 shares during the period. Quantinno Capital Management LP boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% in the 2nd quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock worth $12,412,000 after buying an additional 120,540 shares during the period. Karpus Management Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the 2nd quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after buying an additional 765 shares during the period. Finally, Darwin Wealth Management LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth approximately $123,000.

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

NYSEARCA BIL opened at $91.61 on Wednesday. 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 company’s 50 day simple moving average is $91.53 and its two-hundred day simple moving average is $91.52.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.