Valence8 US LP Acquires New Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Valence8 US LP bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 417,251 shares of the company’s stock, valued at approximately $38,283,000. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 13.1% of Valence8 US LP’s holdings, making the stock its 4th largest holding. Valence8 US LP owned about 0.09% of SPDR Bloomberg 1-3 Month T-Bill ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BIL. Wealthcare Capital Management LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 16.2% during the third quarter. Wealthcare Capital Management LLC now owns 8,770 shares of the company’s stock worth $805,000 after purchasing an additional 1,224 shares during the period. Rothschild Investment LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 20.2% during the 3rd quarter. Rothschild Investment LLC now owns 6,713 shares of the company’s stock worth $616,000 after purchasing an additional 1,127 shares during the last quarter. Guidance Capital Inc. lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.7% during the 3rd quarter. Guidance Capital Inc. now owns 104,644 shares of the company’s stock worth $9,596,000 after buying an additional 5,641 shares during the period. Accretive Wealth Partners LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter valued at about $205,000. Finally, Mmbg Investment Advisors CO. increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 20.9% in the third quarter. Mmbg Investment Advisors CO. now owns 5,068 shares of the company’s stock valued at $465,000 after buying an additional 875 shares during the period.

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

Shares of BIL opened at $91.51 on Tuesday. The business has a 50-day moving average of $91.47 and a 200-day moving average of $91.56. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.