SPDR Bloomberg 1-3 Month T-Bill ETF $BIL is Sterling Investment Management LLC’s 4th Largest Position

Sterling Investment Management LLC trimmed its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 0.7% in the 2nd quarter, Holdings Channel reports. The firm owned 76,144 shares of the company’s stock after selling 561 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 4.6% of Sterling Investment Management LLC’s holdings, making the stock its 4th largest position. Sterling Investment Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $6,985,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Bessemer Group Inc. purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter worth approximately $59,000. Golden State Wealth Management LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 151.1% during the 1st quarter. Golden State Wealth Management LLC now owns 3,840 shares of the company’s stock valued at $352,000 after buying an additional 2,311 shares during the last quarter. Hengehold Capital Management LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.3% during the 2nd quarter. Hengehold Capital Management LLC now owns 19,001 shares of the company’s stock valued at $1,743,000 after buying an additional 956 shares during the last quarter. Bank of New York Mellon Corp increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 96.7% during the 1st quarter. Bank of New York Mellon Corp now owns 412,409 shares of the company’s stock valued at $37,830,000 after purchasing an additional 202,710 shares during the period. Finally, Wheelhouse Advisory Group LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% during the 2nd quarter. Wheelhouse Advisory Group LLC now owns 70,969 shares of the company’s stock valued at $6,510,000 after purchasing an additional 2,868 shares during the period.

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

Shares of SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.64 on Wednesday. The company’s fifty day simple moving average is $91.62 and its two-hundred day simple moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.29 and a 12-month 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.