SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Purchased by Spectrum Planning & Advisory Services Inc.

Spectrum Planning & Advisory Services Inc. boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 102.2% in the second quarter, Holdings Channel.com reports. The firm owned 43,234 shares of the company’s stock after acquiring an additional 21,855 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 2.6% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 11th largest position. Spectrum Planning & Advisory Services Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,966,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Steel Grove Capital Advisors LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.7% in the first quarter. Steel Grove Capital Advisors LLC now owns 23,217 shares of the company’s stock valued at $2,130,000 after purchasing an additional 150 shares during the period. Graypoint LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.6% in the first quarter. Graypoint LLC now owns 25,564 shares of the company’s stock valued at $2,345,000 after purchasing an additional 161 shares during the period. AdvisorNet Financial Inc lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.3% in the first quarter. AdvisorNet Financial Inc now owns 16,176 shares of the company’s stock valued at $1,484,000 after purchasing an additional 213 shares during the period. Wedbush Securities Inc. lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% in the first quarter. Wedbush Securities Inc. now owns 40,842 shares of the company’s stock valued at $3,746,000 after purchasing an additional 220 shares during the period. Finally, Secure Asset Management LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 8.6% in the second quarter. Secure Asset Management LLC now owns 2,842 shares of the company’s stock valued at $261,000 after purchasing an additional 224 shares during the period.

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

Shares of NYSEARCA:BIL opened at $91.71 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.29 and a 52 week high of $91.82. The company has a 50-day moving average price of $91.62 and a 200 day moving average price of $91.60.

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.