SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC cut its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 74.0% during the second quarter, Holdings Channel.com reports. The firm owned 181,560 shares of the company’s stock after selling 515,613 shares during the quarter. Modern Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $16,655,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Horizon Investments LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 37.6% during the 1st quarter. Horizon Investments LLC now owns 69,321 shares of the company’s stock valued at $6,315,000 after buying an additional 18,952 shares during the period. Nations Financial Group Inc. IA ADV acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter worth $1,506,000. Banco Bilbao Vizcaya Argentaria S.A. raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 13.6% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,963,456 shares of the company’s stock valued at $180,575,000 after purchasing an additional 234,799 shares during the period. Sandhill Capital Partners LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.1% in the 1st quarter. Sandhill Capital Partners LLC now owns 1,325,659 shares of the company’s stock valued at $121,603,000 after purchasing an additional 273,998 shares during the last quarter. Finally, Partners Capital Investment Group LLP grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 30.1% during the 1st quarter. Partners Capital Investment Group LLP now owns 2,812,458 shares of the company’s stock worth $257,987,000 after purchasing an additional 650,315 shares during the period.

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

Shares of NYSEARCA:BIL opened at $91.60 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.29 and a 12-month high of $91.78. The business has a 50-day moving average price of $91.59 and a 200 day moving average price of $91.60.

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.