Bleakley Financial Group LLC Reduces Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Bleakley Financial Group LLC trimmed its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 18.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 136,804 shares of the company’s stock after selling 31,717 shares during the period. Bleakley Financial Group LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $12,501,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Cornerstone Investment Partners LLC grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.3% in the 3rd quarter. Cornerstone Investment Partners LLC now owns 36,329 shares of the company’s stock valued at $3,333,000 after buying an additional 115 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock valued at $50,000 after buying an additional 116 shares during the last quarter. Tower Wealth Partners Inc. grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% in the 4th quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock valued at $442,000 after buying an additional 117 shares during the last quarter. Verity Asset Management Inc. grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% in the 3rd quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock valued at $226,000 after buying an additional 117 shares during the last quarter. Finally, Atlantic Union Bankshares Corp grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after buying an additional 119 shares during the last quarter.

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

NYSEARCA BIL opened at $91.59 on Tuesday. The firm’s fifty day moving average price is $91.53 and its 200 day moving average price is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month high of $91.78.

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.