Petra Financial Advisors Inc. Buys 2,612 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Petra Financial Advisors Inc. boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 18.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,683 shares of the company’s stock after acquiring an additional 2,612 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 1.0% of Petra Financial Advisors Inc.’s holdings, making the stock its 25th largest holding. Petra Financial Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,530,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of BIL. Western Pacific Wealth Management LP bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at approximately $38,000. Wayfinding Financial LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth $39,000. Ameriflex Group Inc. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% during the second quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock worth $44,000 after buying an additional 324 shares in the last quarter. Bangor Savings Bank bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at $50,000. Finally, Bessemer Group Inc. bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at $59,000.

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

NYSEARCA:BIL opened at $91.70 on Tuesday. The company has a 50-day moving average of $91.62 and a 200-day moving average of $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.29 and a 52 week 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.