SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock Position Cut by Hanover Advisors Inc.

Hanover Advisors Inc. lessened its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 26.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 80,738 shares of the company’s stock after selling 28,782 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 3.0% of Hanover Advisors Inc.’s holdings, making the stock its 6th biggest position. Hanover Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $7,399,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BIL. Westwind Capital purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter worth about $28,000. Quarry LP purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at about $36,000. Networth Advisors LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter worth about $38,000. Imprint Wealth LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter worth about $44,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after purchasing an additional 116 shares during the period.

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

Shares of BIL stock opened at $91.56 on Tuesday. 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 business’s 50 day moving average is $91.52 and its two-hundred day moving average is $91.51.

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.