Lesa Sroufe & Co Takes $697,000 Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Lesa Sroufe & Co purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 7,608 shares of the company’s stock, valued at approximately $697,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after acquiring an additional 2,438,044 shares during the last quarter. UBS Group AG increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% during the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after purchasing an additional 268,076 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of 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 worth $638,302,000 after purchasing an additional 279,751 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of 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 purchasing an additional 2,487,366 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after purchasing an additional 4,246,874 shares in the last quarter.

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

BIL stock opened at $91.51 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78. The company has a fifty day simple moving average of $91.53 and a 200 day simple moving average of $91.52.

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.