Concord Asset Management LLC VA Increases Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Concord Asset Management LLC VA lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 56.6% in the second quarter, HoldingsChannel.com reports. The firm owned 29,941 shares of the company’s stock after purchasing an additional 10,827 shares during the quarter. Concord Asset Management LLC VA’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,747,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Sequoia Financial Advisors LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 110.8% in the second quarter. Sequoia Financial Advisors LLC now owns 23,137 shares of the company’s stock worth $2,122,000 after purchasing an additional 12,160 shares in the last quarter. MGO One Seven LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 21.5% in the second quarter. MGO One Seven LLC now owns 287,229 shares of the company’s stock worth $26,348,000 after purchasing an additional 50,851 shares in the last quarter. Welch Group LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 91.4% in the second quarter. Welch Group LLC now owns 23,718 shares of the company’s stock worth $2,176,000 after purchasing an additional 11,324 shares in the last quarter. MOKAN Wealth Management Inc. increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 8.6% in the second quarter. MOKAN Wealth Management Inc. now owns 133,456 shares of the company’s stock worth $12,242,000 after purchasing an additional 10,609 shares in the last quarter. Finally, McNamara Financial Services Inc. increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.8% in the second quarter. McNamara Financial Services Inc. now owns 301,603 shares of the company’s stock worth $27,666,000 after purchasing an additional 31,916 shares in the last quarter.

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

Shares of NYSEARCA BIL opened at $91.57 on Monday. The firm has a fifty day moving average price of $91.60 and a 200-day moving average price of $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.29 and a 1 year 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.