MBL Wealth LLC Has $87 Million Stock Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

MBL Wealth LLC lessened its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 15.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 948,411 shares of the company’s stock after selling 173,761 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 8.3% of MBL Wealth LLC’s holdings, making the stock its 2nd biggest position. MBL Wealth LLC owned about 0.21% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $86,998,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Pinnacle Bancorp Inc. increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 384.1% in the first quarter. Pinnacle Bancorp Inc. now owns 305 shares of the company’s stock valued at $28,000 after purchasing an additional 242 shares during the last quarter. Western Pacific Wealth Management LP bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $38,000. Wayfinding Financial LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at about $39,000. Ameriflex Group Inc. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% in the second quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock valued at $44,000 after purchasing an additional 324 shares during the period. Finally, Bangor Savings Bank bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $50,000.

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

Shares of BIL opened at $91.49 on Friday. The company’s 50-day moving average is $91.62 and its 200-day moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.29 and a fifty-two week 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.