Udine Wealth Management Inc. Acquires 11,853 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Udine Wealth Management Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 3.9% in the third quarter, HoldingsChannel reports. The firm owned 313,423 shares of the company’s stock after purchasing an additional 11,853 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 13.8% of Udine Wealth Management Inc.’s portfolio, making the stock its largest holding. Udine Wealth Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $28,757,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of BIL. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth approximately $25,000. City Holding Co. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% during the 3rd quarter. City Holding Co. now owns 310 shares of the company’s stock valued at $28,000 after acquiring an additional 270 shares during the last quarter. Western Pacific Wealth Management LP bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter valued at $38,000. MeadowBrook Investment Advisors LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth $43,000. Finally, Ameriflex Group Inc. increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% in the 2nd quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock worth $44,000 after purchasing an additional 324 shares during 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 $91.50 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78. The firm’s 50-day simple moving average is $91.51 and its 200-day simple moving average is $91.57.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.