TCM Advisors LLC Acquires 8,912 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

TCM Advisors LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 8.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 120,284 shares of the company’s stock after buying an additional 8,912 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 0.8% of TCM Advisors LLC’s holdings, making the stock its 6th biggest position. TCM Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $10,992,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Solstein Capital LLC grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% during the 4th quarter. Solstein Capital LLC now owns 1,381 shares of the company’s stock worth $126,000 after buying an additional 115 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after buying an additional 116 shares during the last quarter. Verity Asset Management Inc. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% during the 3rd quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock worth $226,000 after buying an additional 117 shares during the last quarter. Tower Wealth Partners Inc. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% during the 4th quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock worth $442,000 after buying an additional 117 shares during the last quarter. Finally, Triad Wealth Partners LLC grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.8% during the 4th quarter. Triad Wealth Partners LLC now owns 7,162 shares of the company’s stock worth $654,000 after buying an additional 126 shares during the last quarter.

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

NYSEARCA:BIL opened at $91.51 on Friday. The stock’s 50 day moving average price is $91.51 and its 200 day moving average price is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week 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.