Lake Hills Wealth Management LLC Has $6.26 Million Stock Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Lake Hills Wealth Management LLC raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 150.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 68,213 shares of the company’s stock after buying an additional 41,022 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 3.3% of Lake Hills Wealth Management LLC’s holdings, making the stock its 7th largest holding. Lake Hills Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $6,259,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of BIL. Western Pacific Wealth Management LP purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at $38,000. MeadowBrook Investment Advisors LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter valued at about $43,000. Ameriflex Group Inc. grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% during the 2nd quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock valued at $44,000 after purchasing an additional 324 shares during the period. Bangor Savings Bank purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter valued at about $50,000. Finally, GHP Investment Advisors Inc. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% in the 2nd quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock worth $54,000 after purchasing an additional 150 shares during the period.

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

BIL opened at $91.30 on Monday. The company’s 50 day moving average is $91.59 and its 200 day moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month 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.