Alpha Cubed Investments LLC bought a new position in SPDR Lehman 1-3 Month T Bill (BMV:BIL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,719 shares of the company’s stock, valued at approximately $249,000.

Several other hedge funds also recently added to or reduced their stakes in BIL. Wealthsource Partners LLC purchased a new stake in SPDR Lehman 1-3 Month T Bill during the second quarter valued at $512,000. Oxbow Advisors LLC purchased a new stake in SPDR Lehman 1-3 Month T Bill during the second quarter valued at $364,000. Polaris Greystone Financial Group LLC raised its stake in SPDR Lehman 1-3 Month T Bill by 18.3% during the third quarter. Polaris Greystone Financial Group LLC now owns 164,014 shares of the company’s stock valued at $15,020,000 after purchasing an additional 25,323 shares in the last quarter. Main Management ETF Advisors LLC raised its stake in SPDR Lehman 1-3 Month T Bill by 17.7% during the second quarter. Main Management ETF Advisors LLC now owns 172,200 shares of the company’s stock valued at $15,770,000 after purchasing an additional 25,900 shares in the last quarter. Finally, South Texas Money Management Ltd. purchased a new stake in SPDR Lehman 1-3 Month T Bill during the second quarter valued at $1,546,000.

SPDR Lehman 1-3 Month T Bill stock opened at $91.58 on Monday. SPDR Lehman 1-3 Month T Bill has a 52-week low of $1,603.40 and a 52-week high of $1,790.00.

The firm also recently declared a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were paid a dividend of $0.1459 per share. This is an increase from SPDR Lehman 1-3 Month T Bill’s previous monthly dividend of $0.14. The ex-dividend date was Monday, October 1st. This represents a $1.75 dividend on an annualized basis and a yield of 1.91%.

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Institutional Ownership by Quarter for SPDR Lehman 1-3 Month T Bill (BMV:BIL)

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