SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stake Lowered by Lifetime Wealth Management P.C.

Lifetime Wealth Management P.C. cut its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 21.8% in the third quarter, Holdings Channel reports. The firm owned 80,280 shares of the company’s stock after selling 22,347 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 4.4% of Lifetime Wealth Management P.C.’s investment portfolio, making the stock its 5th largest holding. Lifetime Wealth Management P.C.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $7,357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealthcare Capital Management LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.6% during the second quarter. Wealthcare Capital Management LLC now owns 6,989 shares of the company’s stock valued at $640,000 after acquiring an additional 112 shares in the last quarter. Welch Group LLC lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.0% in the third quarter. Welch Group LLC now owns 11,993 shares of the company’s stock valued at $1,099,000 after acquiring an additional 116 shares during the last quarter. Summit Financial Strategies Inc. grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.6% in the first quarter. Summit Financial Strategies Inc. now owns 4,015 shares of the company’s stock worth $368,000 after acquiring an additional 141 shares in the last quarter. Stegent Equity Advisors Inc. grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.8% in the third quarter. Stegent Equity Advisors Inc. now owns 5,174 shares of the company’s stock worth $474,000 after acquiring an additional 191 shares in the last quarter. Finally, National Wealth Management Group LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.3% in the third quarter. National Wealth Management Group LLC now owns 67,004 shares of the company’s stock worth $6,140,000 after acquiring an additional 191 shares in the last quarter.

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

NYSEARCA BIL opened at $91.70 on Monday. The stock’s 50-day moving average is $91.55 and its two-hundred day moving average is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.77.

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.