Private Management Group Inc. Sells 3,357 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Private Management Group Inc. reduced its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 3.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,287 shares of the company’s stock after selling 3,357 shares during the quarter. Private Management Group Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $9,383,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Intellus Advisors LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 166.5% in the first quarter. Intellus Advisors LLC now owns 6,459 shares of the company’s stock worth $592,000 after buying an additional 4,035 shares in the last quarter. Alteri Wealth LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter worth approximately $204,000. Nemes Rush Group LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 8.3% in the 1st quarter. Nemes Rush Group LLC now owns 4,153 shares of the company’s stock worth $381,000 after acquiring an additional 317 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 241.4% in the 1st quarter. Arkadios Wealth Advisors now owns 74,664 shares of the company’s stock valued at $6,849,000 after purchasing an additional 52,796 shares in the last quarter. Finally, Brentview Investment Management LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 1st quarter valued at $229,000.

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

Shares of NYSEARCA:BIL opened at $91.66 on Friday. The company’s fifty day moving average is $91.61 and its 200 day moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.29 and a 52 week high of $91.80.

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.