Sage Mountain Advisors LLC Lowers Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Sage Mountain Advisors LLC cut its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 45.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,030 shares of the company’s stock after selling 20,606 shares during the period. Sage Mountain Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,297,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wooster Corthell Wealth Management Inc. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 98.9% in the 2nd quarter. Wooster Corthell Wealth Management Inc. now owns 17,536 shares of the company’s stock worth $1,609,000 after acquiring an additional 8,720 shares in the last quarter. Armstrong Advisory Group Inc. boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 41.7% in the second quarter. Armstrong Advisory Group Inc. now owns 2,368 shares of the company’s stock valued at $217,000 after purchasing an additional 697 shares during the period. Sentinel Pension Advisors LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.1% in the second quarter. Sentinel Pension Advisors LLC now owns 28,733 shares of the company’s stock valued at $2,636,000 after purchasing an additional 865 shares during the period. Legacy Capital Group California Inc. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 29.3% in the second quarter. Legacy Capital Group California Inc. now owns 87,555 shares of the company’s stock worth $8,031,000 after purchasing an additional 19,833 shares in the last quarter. Finally, Oliver Luxxe Assets LLC grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 61.5% in the second quarter. Oliver Luxxe Assets LLC now owns 70,576 shares of the company’s stock worth $6,474,000 after purchasing an additional 26,883 shares in the last quarter.

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

BIL opened at $91.54 on Tuesday. The stock’s fifty day moving average is $91.51 and its two-hundred day moving average is $91.57. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.