Innova Wealth Partners Acquires 18,668 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Innova Wealth Partners increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 465.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 22,679 shares of the company’s stock after acquiring an additional 18,668 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 1.0% of Innova Wealth Partners’ portfolio, making the stock its 28th largest position. Innova Wealth Partners’ holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,078,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth about $2,407,000. Main Street Financial Solutions LLC grew its stake in shares of 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 valued at $948,000 after purchasing an additional 4,179 shares during the period. Quantinno Capital Management LP raised its holdings in shares of 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 in the last quarter. Karpus Management Inc. raised its holdings in shares of 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 in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth approximately $123,000.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.40 on Thursday. The business has a 50 day simple moving average of $91.54 and a 200 day simple moving average of $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.78.

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.