Ranch Capital Advisors Inc. Boosts Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Ranch Capital Advisors Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 8.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 156,820 shares of the company’s stock after buying an additional 12,023 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 6.2% of Ranch Capital Advisors Inc.’s holdings, making the stock its largest holding. Ranch Capital Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $14,385,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Western Pacific Wealth Management LP bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth $38,000. Wayfinding Financial LLC bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter valued at about $39,000. Ameriflex Group Inc. boosted its position 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 valued at $44,000 after purchasing an additional 324 shares in the last quarter. Bangor Savings Bank bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at about $50,000. Finally, Bessemer Group Inc. bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter valued at about $59,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

Shares of BIL stock opened at $91.70 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.29 and a 1-year high of $91.80. The stock’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 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.