Pioneer Wealth Management Group Sells 9,212 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Pioneer Wealth Management Group reduced its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 20.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,214 shares of the company’s stock after selling 9,212 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 0.8% of Pioneer Wealth Management Group’s investment portfolio, making the stock its 18th largest position. Pioneer Wealth Management Group’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,227,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BIL. The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth $2,407,000. Main Street Financial Solutions LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock valued at $948,000 after acquiring an additional 4,179 shares in the last quarter. Quantinno Capital Management LP grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the 2nd quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock worth $12,412,000 after acquiring an additional 120,540 shares during the last quarter. Karpus Management Inc. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the 2nd quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after purchasing an additional 765 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $123,000.

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

Shares of BIL stock opened at $91.43 on Thursday. The business’s 50-day moving average price is $91.52 and its 200-day moving average price is $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.