Paulson Wealth Management Inc. Sells 5,477 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Paulson Wealth Management Inc. lessened its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 21.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,982 shares of the company’s stock after selling 5,477 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 0.4% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 28th largest position. Paulson Wealth Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,826,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of BIL. Bank of America Corp DE boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after buying an additional 2,270,073 shares in the last quarter. UBS Group AG raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% in the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock valued at $749,070,000 after buying an additional 268,076 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after buying an additional 2,487,366 shares in the last quarter. Capital Wealth Planning LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 10.9% during the 3rd quarter. Capital Wealth Planning LLC now owns 4,594,158 shares of the company’s stock worth $421,514,000 after acquiring an additional 452,437 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the 3rd quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock worth $412,610,000 after acquiring an additional 2,287,314 shares during the period.

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

Shares of SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.51 on Friday. The firm’s 50-day simple moving average is $91.52 and its 200-day simple moving average is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78.

About SPDR Bloomberg 1-3 Month T-Bill ETF

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.