Blume Capital Management Inc. Purchases 48,552 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Blume Capital Management Inc. grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 154.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,923 shares of the company’s stock after buying an additional 48,552 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 1.5% of Blume Capital Management Inc.’s portfolio, making the stock its 29th largest holding. Blume Capital Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $7,331,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in BIL. Pinnacle Bancorp Inc. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 384.1% in the first quarter. Pinnacle Bancorp Inc. now owns 305 shares of the company’s stock valued at $28,000 after acquiring an additional 242 shares during the last quarter. Western Pacific Wealth Management LP bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at $38,000. Wayfinding Financial LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 1st quarter worth $39,000. Ameriflex Group Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% during the 2nd quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock worth $44,000 after buying an additional 324 shares during the last quarter. Finally, Bangor Savings Bank bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth $50,000.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.64 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.29 and a 12-month high of $91.80. The business’s 50-day moving average price is $91.62 and its two-hundred day moving average price is $91.60.

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.