D.A. Davidson & CO. Trims Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

D.A. Davidson & CO. cut its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 4.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 430,788 shares of the company’s stock after selling 20,143 shares during the quarter. D.A. Davidson & CO.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $39,477,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of BIL. Assetmark Inc. increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after buying an additional 4,246,874 shares during the period. Corient Private Wealth LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% in the fourth quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock worth $389,433,000 after buying an additional 4,080,998 shares during the period. Captrust Financial Advisors lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after buying an additional 2,487,366 shares during the period. Bank of America Corp DE boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after acquiring an additional 2,438,044 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the 3rd quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after acquiring an additional 2,287,314 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.51 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.78. The stock has a 50 day moving average price of $91.53 and a 200-day moving average price of $91.52.

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.