SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock Position Lessened by Balefire LLC

Balefire LLC cut its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 14.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,657 shares of the company’s stock after selling 17,774 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 1.5% of Balefire LLC’s investment portfolio, making the stock its 13th largest holding. Balefire LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $9,316,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in BIL. Baird Financial Group Inc. grew its holdings in shares of 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 during the period. Momentum Wealth Planning LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 146.1% in the first quarter. Momentum Wealth Planning LLC now owns 34,249 shares of the company’s stock valued at $3,139,000 after acquiring an additional 20,330 shares during the period. Kovack Advisors Inc. boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1,027.8% in the fourth quarter. Kovack Advisors Inc. now owns 47,084 shares of the company’s stock worth $4,303,000 after purchasing an additional 42,909 shares during the last quarter. Pennsylvania Capital Management Inc. ADV purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth about $794,000. Finally, Hutchens & Kramer Investment Management Group LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter valued at about $1,172,000.

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

Shares of NYSEARCA BIL traded up $0.04 during midday trading on Friday, hitting $91.51. 5,994,803 shares of the company’s stock traded hands, compared to its average volume of 10,401,744. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.77. The firm has a fifty day moving average of $91.52 and a 200 day moving average of $91.53.

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.