Gateway Wealth Partners LLC Buys 125,071 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Gateway Wealth Partners LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 109.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 238,998 shares of the company’s stock after buying an additional 125,071 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 0.9% of Gateway Wealth Partners LLC’s holdings, making the stock its 18th largest holding. Gateway Wealth Partners LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $21,902,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Solstein Capital LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% in the 4th quarter. Solstein Capital LLC now owns 1,381 shares of the company’s stock worth $126,000 after buying an additional 115 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of 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 worth $50,000 after purchasing an additional 116 shares in the last quarter. Tower Wealth Partners Inc. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% during the 4th quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock valued at $442,000 after purchasing an additional 117 shares in the last quarter. Verity Asset Management Inc. raised its stake in shares of 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 valued at $226,000 after buying an additional 117 shares during the last quarter. Finally, Triad Wealth Partners LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.8% during the fourth quarter. Triad Wealth Partners LLC now owns 7,162 shares of the company’s stock worth $654,000 after buying an additional 126 shares in the last quarter.

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

NYSEARCA BIL opened at $91.61 on Monday. The stock has a 50-day moving average of $91.53 and a 200 day moving average of $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month 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.