SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 509.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 396,427 shares of the company’s stock after buying an additional 331,413 shares during the period. Merit Financial Group LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $36,372,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after acquiring an additional 2,270,073 shares during the last quarter. Captrust Financial Advisors boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after purchasing an additional 2,487,366 shares during the period. Raymond James Financial Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% in the second quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock worth $370,693,000 after purchasing an additional 1,153,335 shares during the period. Truist Financial Corp increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 6.0% during the second quarter. Truist Financial Corp now owns 3,389,965 shares of the company’s stock valued at $310,961,000 after purchasing an additional 191,980 shares during the last quarter. Finally, AGF Management Ltd. raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 25.4% during the second quarter. AGF Management Ltd. now owns 3,076,049 shares of the company’s stock worth $282,166,000 after purchasing an additional 622,409 shares during the period.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.37 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78. The firm’s 50-day moving average is $91.55 and its 200-day moving average is $91.59.

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.