Marion Wealth Management Sells 4,562 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Marion Wealth Management trimmed its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 32.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,353 shares of the company’s stock after selling 4,562 shares during the quarter. Marion Wealth Management’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $858,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in BIL. Wayfinding Financial LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth approximately $39,000. Bank of New York Mellon Corp boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 96.7% in the first quarter. Bank of New York Mellon Corp now owns 412,409 shares of the company’s stock worth $37,830,000 after purchasing an additional 202,710 shares during the period. Heritage Wealth Management Inc. bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth approximately $447,000. CapWealth Advisors LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 89.6% in the first quarter. CapWealth Advisors LLC now owns 102,617 shares of the company’s stock worth $9,413,000 after purchasing an additional 48,494 shares during the period. Finally, Financial Gravity Asset Management Inc. bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth approximately $1,342,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Trading Down 0.3%

BIL opened at $91.47 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.29 and a 1-year high of $91.80. The company has a 50 day simple moving average of $91.62 and a two-hundred day simple moving average of $91.61.

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.