OakTrust Wealth Advisors LLC Makes New Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

OakTrust Wealth Advisors LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,018 shares of the company’s stock, valued at approximately $3,565,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 3.3% of OakTrust Wealth Advisors LLC’s investment portfolio, making the stock its 13th largest position.

Several other hedge funds have also recently bought and sold shares of the business. The Manufacturers Life Insurance Company acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth approximately $2,407,000. Main Street Financial Solutions LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% in the second quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock worth $948,000 after purchasing an additional 4,179 shares during the period. Quantinno Capital Management LP boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the second quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock worth $12,412,000 after buying an additional 120,540 shares in the last quarter. Karpus Management Inc. boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% during the 2nd quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock valued at $669,000 after acquiring an additional 765 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at approximately $123,000.

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

Shares of NYSEARCA:BIL opened at $91.57 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78. The company’s fifty day moving average is $91.52 and its 200-day moving average is $91.50.

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.