Envestnet Portfolio Solutions Inc. Lowers Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Envestnet Portfolio Solutions Inc. lessened its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 61.3% in the fourth quarter, HoldingsChannel reports. The firm owned 242,869 shares of the company’s stock after selling 384,743 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $22,193,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Atlantic Union Bankshares Corp lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% during the third quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after purchasing an additional 119 shares during the last quarter. Westwind Capital bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter valued at approximately $28,000. GPS Wealth Strategies Group LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% during the third quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock valued at $36,000 after buying an additional 126 shares during the last quarter. Imprint Wealth LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter valued at $44,000. Finally, Fifth Third Bancorp boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% in the third quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock worth $49,000 after acquiring an additional 515 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.53 on Tuesday. The business has a fifty day moving average price of $91.52 and a 200-day moving average price of $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year 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.