Paulson Wealth Management Inc. Sells 5,477 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Paulson Wealth Management Inc. reduced its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 21.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 19,982 shares of the company’s stock after selling 5,477 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 0.4% of Paulson Wealth Management Inc.’s holdings, making the stock its 28th largest position. Paulson Wealth Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,826,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BIL. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter valued at $25,000. Atlantic Union Bankshares Corp increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock worth $25,000 after purchasing an additional 119 shares in the last quarter. Westwind Capital bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter valued at about $28,000. GPS Wealth Strategies Group LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock valued at $36,000 after purchasing an additional 126 shares during the last quarter. Finally, Imprint Wealth LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter valued at about $44,000.

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

NYSEARCA:BIL opened at $91.51 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month high of $91.78. The company’s 50-day moving average price is $91.52 and its two-hundred day moving average price is $91.52.

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.