Salvus Wealth Management LLC Decreases Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Salvus Wealth Management LLC reduced its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 86.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,543 shares of the company’s stock after selling 16,233 shares during the period. Salvus Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $233,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Summit Financial LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at approximately $443,000. Redwood Investment Management LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at $213,000. Baird Financial Group Inc. grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.1% during the 1st quarter. Baird Financial Group Inc. now owns 679,387 shares of the company’s stock valued at $62,320,000 after purchasing an additional 84,180 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 143.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 263,673 shares of the company’s stock worth $24,187,000 after buying an additional 155,357 shares during the period. Finally, Night Owl Capital Management LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 44.1% in the 1st quarter. Night Owl Capital Management LLC now owns 85,539 shares of the company’s stock worth $7,846,000 after buying an additional 26,166 shares in the last quarter.

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

Shares of SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.30 on Monday. The business has a 50-day moving average of $91.59 and a 200-day moving average of $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.