U.S. Capital Wealth Advisors LLC Acquires Shares of 9,139 SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

U.S. Capital Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the third quarter, HoldingsChannel reports. The institutional investor bought 9,139 shares of the company’s stock, valued at approximately $839,000.

Several other large investors have also made changes to their positions in BIL. Bank of America Corp DE raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after purchasing an additional 2,270,073 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after purchasing an additional 2,487,366 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% during the 2nd quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock worth $370,693,000 after buying an additional 1,153,335 shares during the period. Truist Financial Corp raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 6.0% during the second quarter. Truist Financial Corp now owns 3,389,965 shares of the company’s stock worth $310,961,000 after buying an additional 191,980 shares during the last quarter. Finally, AGF Management Ltd. lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 25.4% in the second quarter. AGF Management Ltd. now owns 3,076,049 shares of the company’s stock valued at $282,166,000 after buying an additional 622,409 shares during the period.

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

Shares of BIL stock opened at $91.30 on Tuesday. The firm’s 50 day moving average price is $91.58 and its two-hundred day moving average price is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.78.

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.