SPDR Bloomberg 1-3 Month T-Bill ETF $BIL is Beacon Financial Group’s 7th Largest Position

Beacon Financial Group lessened its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 5.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 249,666 shares of the company’s stock after selling 13,491 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 2.3% of Beacon Financial Group’s holdings, making the stock its 7th largest position. Beacon Financial Group’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $22,879,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BIL. Spire Wealth Management lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 301.1% during the fourth quarter. Spire Wealth Management now owns 55,293 shares of the company’s stock worth $5,053,000 after purchasing an additional 41,506 shares during the last quarter. AllGen Financial Advisors Inc. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 20.3% in the fourth quarter. AllGen Financial Advisors Inc. now owns 135,282 shares of the company’s stock valued at $12,362,000 after purchasing an additional 22,838 shares during the last quarter. Culbertson A N & Co. Inc. raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 56.0% during the fourth quarter. Culbertson A N & Co. Inc. now owns 37,057 shares of the company’s stock worth $3,386,000 after purchasing an additional 13,307 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 31.3% during the fourth quarter. Farther Finance Advisors LLC now owns 407,901 shares of the company’s stock worth $37,274,000 after purchasing an additional 97,343 shares in the last quarter. Finally, Guidance Capital Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 12.0% during the 4th quarter. Guidance Capital Inc. now owns 117,240 shares of the company’s stock worth $10,734,000 after buying an additional 12,596 shares during the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.46 on Friday. The firm has a 50 day simple moving average of $91.52 and a 200-day simple moving average of $91.50. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.