DAVENPORT & Co LLC Increases Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

DAVENPORT & Co LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 25.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,695 shares of the company’s stock after purchasing an additional 21,132 shares during the period. DAVENPORT & Co LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $9,420,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in BIL. Merit Financial Group LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 110.0% in the second quarter. Merit Financial Group LLC now owns 65,014 shares of the company’s stock worth $5,964,000 after buying an additional 34,062 shares during the period. Beacon Financial Advisory LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $228,000. Brown Miller Wealth Management LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $1,111,000. Realta Investment Advisors boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.2% in the 2nd quarter. Realta Investment Advisors now owns 14,437 shares of the company’s stock worth $1,324,000 after acquiring an additional 5,803 shares during the period. Finally, Wealthcare Capital Management LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 34.8% in the second quarter. Wealthcare Capital Management LLC now owns 7,546 shares of the company’s stock valued at $692,000 after acquiring an additional 1,947 shares in the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Trading Up 0.0%

BIL opened at $91.51 on Tuesday. The firm’s 50 day moving average is $91.61 and its 200-day moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.29 and a 52-week high of $91.80.

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.