Sierra Legacy Group bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 82,455 shares of the company’s stock, valued at approximately $7,564,000. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 5.9% of Sierra Legacy Group’s portfolio, making the stock its 3rd largest position.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BIL. Western Pacific Wealth Management LP purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter valued at about $38,000. MeadowBrook Investment Advisors LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth about $43,000. Ameriflex Group Inc. boosted its position in 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 buying an additional 324 shares during the last quarter. Bangor Savings Bank acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth approximately $50,000. Finally, GHP Investment Advisors Inc. raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% during the 2nd quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock worth $54,000 after buying an additional 150 shares during the last quarter.
SPDR Bloomberg 1-3 Month T-Bill ETF Stock Performance
Shares of NYSEARCA BIL opened at $91.62 on Wednesday. The company has a 50 day simple moving average of $91.61 and a two-hundred day simple moving average of $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.
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.
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Want to see what other hedge funds are holding BIL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report).
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