SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock: Brown Lisle Cummings Inc. Increases Holdings

Brown Lisle Cummings Inc. raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 25.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 104,961 shares of the company’s stock after buying an additional 21,030 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 2.2% of Brown Lisle Cummings Inc.’s portfolio, making the stock its 9th largest holding. Brown Lisle Cummings Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $9,619,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Assetmark Inc. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after buying an additional 4,246,874 shares in the last quarter. USA Financial Formulas acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter worth approximately $300,320,000. Counterpoint Mutual Funds LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter worth approximately $294,583,000. Bank of America Corp DE boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after acquiring an additional 2,438,044 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% in the first quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock valued at $398,538,000 after acquiring an additional 1,487,570 shares during the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.57 on Friday. The company’s 50 day simple moving average is $91.53 and its 200 day simple moving average is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.77.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.