Richmond Investment Services LLC Buys 14,996 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Richmond Investment Services LLC raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 178.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,397 shares of the company’s stock after buying an additional 14,996 shares during the quarter. Richmond Investment Services LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,144,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of BIL. Corient Private Wealth LLC grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% during the fourth quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock valued at $389,433,000 after acquiring an additional 4,080,998 shares in the last quarter. Captrust Financial Advisors boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after purchasing an additional 2,487,366 shares during the period. AQR Capital Management LLC grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the 3rd quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after purchasing an additional 2,287,314 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after purchasing an additional 2,270,073 shares during the period. Finally, Counterpoint Mutual Funds LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth $202,198,000.

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

NYSEARCA:BIL opened at $91.45 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.78. The stock has a fifty day moving average of $91.52 and a 200 day moving average of $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.