Investors Buy High Volume of SPDR Bloomberg 1-3 Month T-Bill ETF Call Options (NYSEARCA:BIL)

SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) saw unusually large options trading on Wednesday. Traders bought 3,123 call options on the company. This is an increase of approximately 713% compared to the typical daily volume of 384 call options.

Hedge Funds Weigh In On SPDR Bloomberg 1-3 Month T-Bill ETF

A number of large investors have recently made changes to their positions in the business. Essex Financial Services Inc. boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 62.5% during the third quarter. Essex Financial Services Inc. now owns 7,898 shares of the company’s stock worth $724,000 after buying an additional 3,038 shares during the period. OakTrust Wealth Advisors LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 7.9% during the third quarter. OakTrust Wealth Advisors LLC now owns 41,693 shares of the company’s stock worth $3,821,000 after acquiring an additional 3,038 shares in the last quarter. Lifeworks Advisors LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter valued at about $324,000. Benjamin Edwards Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.5% in the third quarter. Benjamin Edwards Inc. now owns 143,852 shares of the company’s stock valued at $13,183,000 after buying an additional 4,920 shares during the last quarter. Finally, Hamilton Capital Partners LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.6% during the 3rd quarter. Hamilton Capital Partners LLC now owns 63,492 shares of the company’s stock valued at $5,818,000 after purchasing an additional 378 shares during the last quarter.

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

Shares of BIL stock opened at $91.50 on Friday. The stock has a 50-day simple moving average of $91.53 and a 200 day simple moving average of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.73.

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.