Stone Wealth Partners Invests $2.93 Million in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Stone Wealth Partners purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 32,020 shares of the company’s stock, valued at approximately $2,926,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 2.6% of Stone Wealth Partners’ portfolio, making the stock its 11th biggest holding.

Other institutional investors also recently bought and sold shares of the company. Westwind Capital purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter worth $28,000. Quarry LP acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at $36,000. Imprint Wealth LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter valued at about $44,000. Fifth Third Bancorp raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% in the third quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock valued at $49,000 after purchasing an additional 515 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after purchasing an additional 116 shares in the last quarter.

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

Shares of BIL opened at $91.57 on Friday. 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 stock’s 50-day moving average is $91.52 and its two-hundred day moving average is $91.50.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.