Fortis Capital Management LLC Sells 56,667 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Fortis Capital Management LLC lowered its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 88.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,403 shares of the company’s stock after selling 56,667 shares during the quarter. Fortis Capital Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $678,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Spire Wealth Management grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 301.1% during the 4th quarter. Spire Wealth Management now owns 55,293 shares of the company’s stock valued at $5,053,000 after buying an additional 41,506 shares in the last quarter. AllGen Financial Advisors Inc. lifted its holdings in shares of 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 worth $12,362,000 after buying an additional 22,838 shares in the last quarter. Culbertson A N & Co. Inc. lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 56.0% in the fourth quarter. Culbertson A N & Co. Inc. now owns 37,057 shares of the company’s stock worth $3,386,000 after buying an additional 13,307 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of 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 acquiring an additional 97,343 shares during the last quarter. Finally, Twin Lakes Capital Management LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.7% during the fourth quarter. Twin Lakes Capital Management LLC now owns 374,717 shares of the company’s stock worth $34,242,000 after acquiring an additional 9,811 shares during the last quarter.

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

BIL opened at $91.56 on Wednesday. The company has a fifty day moving average of $91.52 and a 200 day moving average of $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.