Northwestern Mutual Wealth Management Co. Sells 1,011,659 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Northwestern Mutual Wealth Management Co. decreased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 98.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,561 shares of the company’s stock after selling 1,011,659 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of BIL. Atlantic Union Bankshares Corp grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after acquiring an additional 119 shares during the period. Westwind Capital bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter valued at $28,000. GPS Wealth Strategies Group LLC grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock valued at $36,000 after acquiring an additional 126 shares during the period. Imprint Wealth LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter valued at $44,000. Finally, Fifth Third Bancorp grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% during the 3rd quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock valued at $49,000 after acquiring an additional 515 shares during the period.

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

Shares of BIL stock opened at $91.62 on Thursday. 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 firm has a fifty day moving average price of $91.54 and a 200-day moving average price of $91.52.

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.