Lesa Sroufe & Co Makes New $697,000 Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Lesa Sroufe & Co bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 7,608 shares of the company’s stock, valued at approximately $697,000.

A number of other hedge funds have also made changes to their positions in BIL. Quarry LP acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the fourth quarter worth approximately $36,000. Networth Advisors LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at approximately $38,000. Imprint Wealth LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $44,000. Bessemer Group Inc. lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 199.5% in the 1st quarter. Bessemer Group Inc. now owns 599 shares of the company’s stock worth $55,000 after buying an additional 399 shares in the last quarter. Finally, Montag A & Associates Inc. acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 1st quarter valued at $58,000.

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

Shares of NYSEARCA:BIL opened at $91.51 on Friday. The firm has a fifty day moving average of $91.53 and a two-hundred day moving average of $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78.

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.