Matrix Trust Co Reduces Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Matrix Trust Co reduced its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 18.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,555 shares of the company’s stock after selling 15,809 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 0.9% of Matrix Trust Co’s investment portfolio, making the stock its 22nd largest holding. Matrix Trust Co’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $6,282,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in BIL. Bank of America Corp DE increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after purchasing an additional 2,438,044 shares during the period. Assetmark Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock worth $523,019,000 after purchasing an additional 4,246,874 shares during the period. Capital Wealth Planning LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% in the 4th quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock worth $439,386,000 after purchasing an additional 214,187 shares during the period. Cetera Investment Advisers lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% in the 1st quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock worth $398,538,000 after purchasing an additional 1,487,570 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in shares of 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 purchasing an additional 4,080,998 shares in the last quarter.

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

BIL stock traded up $0.01 during trading on Wednesday, hitting $91.45. 4,262,443 shares of the company’s stock traded hands, compared to its average volume of 10,407,612. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.77. The business has a fifty day simple moving average of $91.53 and a two-hundred day simple moving average of $91.53.

About SPDR Bloomberg 1-3 Month T-Bill ETF

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.