SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock Position Cut by Matrix Trust Co

Matrix Trust Co cut its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 18.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,555 shares of the company’s stock after selling 15,809 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 0.9% of Matrix Trust Co’s investment portfolio, making the stock its 22nd largest holding. Matrix Trust Co’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $6,282,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BIL. Baird Financial Group Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 18.4% in the second quarter. Baird Financial Group Inc. now owns 727,796 shares of the company’s stock worth $66,695,000 after acquiring an additional 113,318 shares in the last quarter. Kovack Advisors Inc. increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1,027.8% during the fourth quarter. Kovack Advisors Inc. now owns 47,084 shares of the company’s stock valued at $4,303,000 after acquiring an additional 42,909 shares in the last quarter. Momentum Wealth Planning LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 146.1% in the 1st quarter. Momentum Wealth Planning LLC now owns 34,249 shares of the company’s stock valued at $3,139,000 after purchasing an additional 20,330 shares during the last quarter. Pennsylvania Capital Management Inc. ADV purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at approximately $794,000. Finally, Hutchens & Kramer Investment Management Group LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at approximately $1,172,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

BIL stock traded up $0.01 during trading on Wednesday, reaching $91.45. The company had a trading volume of 4,262,443 shares, compared to its average volume of 10,407,612. 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 firm has a 50-day simple moving average of $91.53 and a 200-day simple moving average of $91.53.

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.