Randolph Co Inc Increases Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Randolph Co Inc grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 121.3% during the fourth quarter, HoldingsChannel reports. The firm owned 967,116 shares of the company’s stock after purchasing an additional 530,150 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 8.5% of Randolph Co Inc’s holdings, making the stock its 2nd biggest position. Randolph Co Inc’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $88,375,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. J.W. Cole Advisors Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 85.4% during the 4th quarter. J.W. Cole Advisors Inc. now owns 159,232 shares of the company’s stock valued at $14,551,000 after purchasing an additional 73,347 shares in the last quarter. Convergence Financial LLC boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.8% during the 4th quarter. Convergence Financial LLC now owns 349,230 shares of the company’s stock valued at $31,913,000 after purchasing an additional 2,665 shares in the last quarter. Vise Technologies Inc. bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter valued at about $344,000. SFI Advisors LLC boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 17.7% during the 4th quarter. SFI Advisors LLC now owns 97,902 shares of the company’s stock valued at $8,946,000 after purchasing an additional 14,747 shares in the last quarter. Finally, Verus Capital Partners LLC boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 6.7% during the 4th quarter. Verus Capital Partners LLC now owns 119,469 shares of the company’s stock valued at $10,917,000 after purchasing an additional 7,457 shares in the last quarter.

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

Shares of BIL opened at $91.41 on Friday. The firm’s 50-day moving average price is $91.53 and its 200-day moving average price is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year 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.