Robinson Value Management Ltd. Makes New $1.56 Million Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Robinson Value Management Ltd. bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 17,015 shares of the company’s stock, valued at approximately $1,559,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Compass Financial Management LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth $34,000. Networth Advisors LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter valued at $38,000. XP Advisory US Inc. bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $41,000. Trust Co. of Vermont bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $44,000. Finally, First Bancorp Inc ME bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $46,000.

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

Shares of NYSEARCA:BIL opened at $91.58 on Wednesday. The stock’s 50-day simple moving average is $91.53 and its two-hundred day simple moving average is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.77.

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.