Norris Financial Group LLC Makes New Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Norris Financial Group LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the first quarter, HoldingsChannel reports. The firm purchased 111,114 shares of the company’s stock, valued at approximately $10,182,000. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 3.3% of Norris Financial Group LLC’s investment portfolio, making the stock its 7th biggest position.

A number of other hedge funds have also made changes to their positions in the stock. Western Wealth Management LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 202.7% during the first quarter. Western Wealth Management LLC now owns 98,262 shares of the company’s stock worth $9,005,000 after purchasing an additional 65,800 shares in the last quarter. Paragon Private Wealth Management LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 28.3% during the 1st quarter. Paragon Private Wealth Management LLC now owns 3,505 shares of the company’s stock valued at $321,000 after purchasing an additional 773 shares in the last quarter. Royal Fund Management LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.8% during the 1st quarter. Royal Fund Management LLC now owns 10,124 shares of the company’s stock valued at $927,000 after purchasing an additional 551 shares during the period. NewEdge Advisors LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 10.9% during the 1st quarter. NewEdge Advisors LLC now owns 423,463 shares of the company’s stock valued at $38,806,000 after purchasing an additional 41,711 shares during the period. Finally, Bank of America Corp DE lifted its holdings 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 buying an additional 2,438,044 shares during the period.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

Shares of BIL stock opened at $91.65 on Friday. The stock has a 50-day simple moving average of $91.53 and a 200 day simple moving average of $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.78.

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.