Savvy Advisors Inc. Lowers Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Savvy Advisors Inc. lessened its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 5.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 12,242 shares of the company’s stock after selling 696 shares during the period. Savvy Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,123,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BIL. Capital & Planning LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.4% during the 2nd quarter. Capital & Planning LLC now owns 10,239 shares of the company’s stock valued at $939,000 after buying an additional 141 shares in the last quarter. Graypoint LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.6% during the 1st quarter. Graypoint LLC now owns 25,564 shares of the company’s stock worth $2,345,000 after acquiring an additional 161 shares during the period. Wedbush Securities Inc. lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% during 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 in the last quarter. Secure Asset Management LLC boosted its position in shares of 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 worth $261,000 after purchasing an additional 224 shares during the period. Finally, Baring Financial LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.4% in the second quarter. Baring Financial LLC now owns 60,128 shares of the company’s stock worth $5,515,000 after purchasing an additional 229 shares during the period.

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

Shares of BIL stock opened at $91.74 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.29 and a one year high of $91.80. The company’s fifty day moving average price is $91.63 and its 200-day moving average price is $91.61.

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.