Twin Lakes Capital Management LLC Makes New $33.48 Million Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Twin Lakes Capital Management LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 364,906 shares of the company’s stock, valued at approximately $33,480,000. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 12.8% of Twin Lakes Capital Management LLC’s holdings, making the stock its 2nd largest holding.

A number of other hedge funds have also made changes to their positions in the stock. Western Pacific Wealth Management LP acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth approximately $38,000. MeadowBrook Investment Advisors LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at approximately $43,000. Ameriflex Group Inc. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% in the second quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock worth $44,000 after buying an additional 324 shares during the last quarter. Bangor Savings Bank acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth $50,000. Finally, GHP Investment Advisors Inc. boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% during the 2nd quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock worth $54,000 after buying an additional 150 shares during the period.

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

Shares of BIL opened at $91.38 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.78. The company’s fifty day moving average price is $91.54 and its 200 day moving average price is $91.59.

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.