Verus Capital Partners LLC Acquires 43,670 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Verus Capital Partners LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 36.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 163,139 shares of the company’s stock after acquiring an additional 43,670 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 1.0% of Verus Capital Partners LLC’s portfolio, making the stock its 19th biggest position. Verus Capital Partners LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $14,950,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in BIL. Assetmark Inc. boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after acquiring an additional 4,246,874 shares in the last quarter. Corient Private Wealth LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% in the fourth quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock valued at $389,433,000 after acquiring an additional 4,080,998 shares during the period. Captrust Financial Advisors raised its position in 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 worth $529,995,000 after purchasing an additional 2,487,366 shares in the last quarter. Bank of America Corp DE raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after purchasing an additional 2,438,044 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the third quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock worth $412,610,000 after purchasing an additional 2,287,314 shares during the period.

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

Shares of BIL opened at $91.68 on Friday. The company has a 50-day moving average price of $91.54 and a two-hundred day moving average price of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month 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.