Howard Capital Management Inc. Decreases Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Howard Capital Management Inc. reduced its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 32.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 932,688 shares of the company’s stock after selling 438,728 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 0.9% of Howard Capital Management Inc.’s holdings, making the stock its 22nd biggest holding. Howard Capital Management Inc. owned about 0.20% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $85,574,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in BIL. Bank of Nova Scotia boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 38.5% in the second quarter. Bank of Nova Scotia now owns 443,976 shares of the company’s stock worth $40,724,000 after acquiring an additional 123,509 shares during the period. Global Retirement Partners LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth approximately $25,200,000. Bricktown Capital LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $2,064,000. Lpwm LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 71.4% in the 3rd quarter. Lpwm LLC now owns 34,490 shares of the company’s stock worth $3,164,000 after purchasing an additional 14,367 shares during the period. Finally, Lido Advisors LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 57.4% during the 2nd quarter. Lido Advisors LLC now owns 52,523 shares of the company’s stock valued at $4,818,000 after buying an additional 19,158 shares in the last quarter.

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

BIL stock opened at $91.65 on Friday. The company’s fifty day moving average price is $91.50 and its 200-day moving average price is $91.58. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one 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.