Magnolia Private Wealth LLC Invests $831,000 in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Magnolia Private Wealth LLC purchased a new stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 9,091 shares of the company’s stock, valued at approximately $831,000.

Several other large investors have also recently bought and sold shares of BIL. BNP Paribas acquired a new stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the third quarter worth approximately $50,000. Highline Wealth Partners LLC purchased a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $65,000. Western Pacific Wealth Management LP acquired a new stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the 3rd quarter valued at $92,000. Golden State Wealth Management LLC purchased a new position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the 4th quarter valued at $140,000. Finally, BankPlus Trust Department acquired a new position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the fourth quarter worth $199,000.

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

BIL opened at $91.67 on Wednesday. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a fifty-two week low of $91.29 and a fifty-two week high of $91.83. The business has a 50-day moving average of $91.54 and a 200-day moving average of $91.60.

SPDR Bloomberg Barclays 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.