SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock Position Cut by Fort Point Capital Partners LLC

Fort Point Capital Partners LLC cut its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 28.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 252,462 shares of the company’s stock after selling 97,942 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 2.6% of Fort Point Capital Partners LLC’s portfolio, making the stock its 8th biggest position. Fort Point Capital Partners LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $23,100,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Westwind Capital purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the fourth quarter worth about $28,000. Quarry LP purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the fourth quarter worth approximately $36,000. Imprint Wealth LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth approximately $44,000. Fifth Third Bancorp increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% during the third quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock worth $49,000 after buying an additional 515 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after buying an additional 116 shares during the period.

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

BIL stock opened at $91.51 on Friday. The company’s 50 day moving average price is $91.51 and its 200 day moving average price is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.78.

About SPDR Bloomberg 1-3 Month T-Bill ETF

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.