Ritholtz Wealth Management Acquires 799,191 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Ritholtz Wealth Management boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 2,553.9% during the first quarter, Holdings Channel.com reports. The firm owned 830,484 shares of the company’s stock after acquiring an additional 799,191 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 1.3% of Ritholtz Wealth Management’s portfolio, making the stock its 15th largest holding. Ritholtz Wealth Management’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $76,106,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after purchasing an additional 2,270,073 shares during the last quarter. UBS Group AG grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% in the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after buying an additional 268,076 shares during the last quarter. Wells Fargo & Company MN increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% during the 4th quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock valued at $638,302,000 after buying an additional 279,751 shares in the last quarter. Captrust Financial Advisors increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after buying an additional 2,487,366 shares in the last quarter. Finally, Capital Wealth Planning LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% during the fourth quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock valued at $439,386,000 after buying an additional 214,187 shares during the last quarter.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.59 on Thursday. The business’s fifty day simple moving average is $91.53 and its two-hundred day simple moving average is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month 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.