NewEdge Advisors LLC Sells 136,008 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

NewEdge Advisors LLC lowered its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 29.5% in the second quarter, Holdings Channel reports. The firm owned 325,208 shares of the company’s stock after selling 136,008 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $29,802,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in BIL. Assetmark Inc. lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock worth $523,019,000 after buying an additional 4,246,874 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% in the 4th 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 grew its holdings in shares of 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 acquiring an additional 2,487,366 shares in the last quarter. Bank of America Corp DE increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after acquiring an additional 2,438,044 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% in the third quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after acquiring an additional 2,287,314 shares during the last quarter.

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

BIL opened at $91.46 on Thursday. The business’s 50-day simple moving average is $91.53 and its 200 day simple moving average is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.77.

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.