Howard Capital Management LLC decreased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report) by 6.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 653,474 shares of the company’s stock after selling 45,035 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 0.6% of Howard Capital Management LLC’s investment portfolio, making the stock its 28th largest position. Howard Capital Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $59,884,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in the stock. Assetmark Inc. increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during 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. Corient Private Wealth LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% in the fourth quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock valued at $389,433,000 after acquiring an additional 4,080,998 shares during the period. Bank of America Corp DE boosted its position in shares of 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 acquiring an additional 2,438,044 shares during the period. Counterpoint Mutual Funds LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at approximately $202,198,000. Finally, Cetera Investment Advisers grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during the first quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock valued at $398,538,000 after acquiring an additional 1,487,570 shares in the last quarter.
SPDR Bloomberg 1-3 Month T-Bill ETF Price Performance
NYSEARCA:BIL traded up $0.03 during mid-day trading on Friday, hitting $91.57. 11,446,375 shares of the stock traded hands, compared to its average volume of 10,386,694. The business’s 50-day moving average price is $91.53 and its 200 day moving average price is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.77.
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.
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