SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 304.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 174,432 shares of the company’s stock after buying an additional 131,296 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $15,985,000 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. The Manufacturers Life Insurance Company acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth about $2,407,000. Main Street Financial Solutions LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% in the second quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock valued at $948,000 after purchasing an additional 4,179 shares in the last quarter. Quantinno Capital Management LP increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% in the second quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock valued at $12,412,000 after purchasing an additional 120,540 shares during the last quarter. Karpus Management Inc. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock valued at $669,000 after purchasing an additional 765 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth approximately $123,000.

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

BIL stock opened at $91.47 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.77. The company’s 50 day moving average is $91.53 and its two-hundred day moving average is $91.52.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.