Fund Advisors of America Inc FL Makes New Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Fund Advisors of America Inc FL acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 8,094 shares of the company’s stock, valued at approximately $740,000.

A number of other hedge funds have also made changes to their positions in BIL. Solstein Capital LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% during the fourth quarter. Solstein Capital LLC now owns 1,381 shares of the company’s stock worth $126,000 after purchasing an additional 115 shares during the period. Allspring Global Investments Holdings LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock valued at $50,000 after buying an additional 116 shares during the period. Tower Wealth Partners Inc. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% in the 4th quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock valued at $442,000 after buying an additional 117 shares during the period. Verity Asset Management Inc. raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% during the 3rd quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock worth $226,000 after buying an additional 117 shares during the last quarter. Finally, Triad Wealth Partners LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.8% during the 4th quarter. Triad Wealth Partners LLC now owns 7,162 shares of the company’s stock worth $654,000 after buying an additional 126 shares during the last quarter.

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

BIL stock opened at $91.57 on Friday. The company has a fifty day moving average of $91.53 and a 200-day moving average of $91.50. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year 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.