SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Purchased by Merit Financial Group LLC

Merit Financial Group LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 110.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 65,014 shares of the company’s stock after acquiring an additional 34,062 shares during the quarter. Merit Financial Group LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $5,964,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter worth about $59,000. Golden State Wealth Management LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 151.1% during the first quarter. Golden State Wealth Management LLC now owns 3,840 shares of the company’s stock worth $352,000 after purchasing an additional 2,311 shares in the last quarter. Hengehold Capital Management LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.3% during the second quarter. Hengehold Capital Management LLC now owns 19,001 shares of the company’s stock worth $1,743,000 after purchasing an additional 956 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 96.7% during 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 in the last quarter. Finally, Savior LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 38.2% during the second quarter. Savior LLC now owns 54,370 shares of the company’s stock worth $4,987,000 after purchasing an additional 15,018 shares in the last quarter.

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

Shares of BIL opened at $91.49 on Monday. The stock’s 50-day moving average is $91.62 and its two-hundred day moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.29 and a 12 month high of $91.80.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.