SpringVest Wealth Management LLC Decreases Stock Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

SpringVest Wealth Management LLC decreased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 23.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 12,160 shares of the company’s stock after selling 3,825 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 0.9% of SpringVest Wealth Management LLC’s portfolio, making the stock its 20th largest holding. SpringVest Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,115,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of BIL. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5,842.9% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,868,218 shares of the company’s stock valued at $171,372,000 after purchasing an additional 1,836,782 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter valued at about $109,043,000. AGF Management Ltd. increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 80.2% during the 1st quarter. AGF Management Ltd. now owns 2,453,640 shares of the company’s stock valued at $225,072,000 after purchasing an additional 1,092,381 shares during the last quarter. Partners Capital Investment Group LLP increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 30.1% during the 1st quarter. Partners Capital Investment Group LLP now owns 2,812,458 shares of the company’s stock valued at $257,987,000 after purchasing an additional 650,315 shares during the last quarter. Finally, Modern Wealth Management LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 491.6% during the 1st quarter. Modern Wealth Management LLC now owns 697,173 shares of the company’s stock valued at $63,952,000 after purchasing an additional 579,318 shares during the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

NYSEARCA BIL opened at $91.53 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.29 and a 52 week high of $91.80. The company has a 50-day moving average price of $91.61 and a 200-day moving average price of $91.60.

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.