Merit Financial Group LLC Has $62.05 Million Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Merit Financial Group LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BILFree Report) by 30.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 677,106 shares of the company’s stock after acquiring an additional 159,555 shares during the period. Merit Financial Group LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $62,050,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after purchasing an additional 2,438,044 shares during the last quarter. UBS Group AG grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% during the fourth quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after purchasing an additional 268,076 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% during the fourth quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after purchasing an additional 279,751 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after buying an additional 2,487,366 shares during the period. Finally, Assetmark Inc. increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after buying an additional 4,246,874 shares during the period.

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

Shares of NYSEARCA BIL opened at $91.51 on Thursday. The company has a 50 day simple moving average of $91.52 and a 200 day simple moving average of $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78.

SPDR Bloomberg 1-3 Month T-Bill ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL)

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