Strategy Asset Managers LLC Takes $599,000 Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Strategy Asset Managers LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,534 shares of the company’s stock, valued at approximately $599,000.

A number of other institutional investors and hedge funds have also modified their holdings of BIL. Captrust Financial Advisors raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after buying an additional 2,487,366 shares during the last quarter. Bank of America Corp DE raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after purchasing an additional 2,270,073 shares during the period. Synergy Asset Management LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 194.7% in the 3rd quarter. Synergy Asset Management LLC now owns 1,879,535 shares of the company’s stock valued at $172,422,000 after buying an additional 1,241,735 shares during the period. Raymond James Financial Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% in the 2nd quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock valued at $370,693,000 after acquiring an additional 1,153,335 shares during the period. Finally, AQR Capital Management LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 85.6% in the second quarter. AQR Capital Management LLC now owns 2,209,801 shares of the company’s stock valued at $202,705,000 after purchasing an additional 1,019,145 shares during the period.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Down 0.3%

Shares of BIL opened at $91.39 on Tuesday. The firm’s 50 day moving average price is $91.50 and its 200 day moving average price is $91.57. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.78.

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.