Sovereign Investment Advisors LLC Acquires 15,212 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Sovereign Investment Advisors LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 30.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 64,447 shares of the company’s stock after acquiring an additional 15,212 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 1.5% of Sovereign Investment Advisors LLC’s holdings, making the stock its 22nd biggest holding. Sovereign Investment Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $5,889,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in BIL. Westwind Capital bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter worth approximately $28,000. Quarry LP purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter worth $36,000. Imprint Wealth LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter worth $44,000. Fifth Third Bancorp increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% in the third quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock worth $49,000 after buying an additional 515 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after buying an additional 116 shares during the period.

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

Shares of NYSEARCA BIL opened at $91.51 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78. The firm’s fifty day moving average is $91.52 and its 200 day moving average is $91.51.

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.