Sequoia Financial Advisors LLC Buys 14,528 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Sequoia Financial Advisors LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 50.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,136 shares of the company’s stock after purchasing an additional 14,528 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,953,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Corient Private Wealth LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% during the 4th quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock valued at $389,433,000 after acquiring an additional 4,080,998 shares in the last quarter. Captrust Financial Advisors raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after purchasing an additional 2,487,366 shares during the last quarter. AQR Capital Management LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% in the third quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after purchasing an additional 2,287,314 shares during the last quarter. Bank of America Corp DE boosted its stake 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 in the last quarter. Finally, Counterpoint Mutual Funds LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter valued at about $202,198,000.

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

NYSEARCA:BIL opened at $91.50 on Tuesday. The stock’s 50-day moving average is $91.51 and its 200-day moving average is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year 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.