Financial Network Wealth Advisors LLC Purchases 8,888 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Financial Network Wealth Advisors LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 34.7% during the fourth quarter, Holdings Channel reports. The firm owned 34,472 shares of the company’s stock after acquiring an additional 8,888 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 3.3% of Financial Network Wealth Advisors LLC’s portfolio, making the stock its 4th largest position. Financial Network Wealth Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,150,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings 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 second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after purchasing an additional 2,270,073 shares during the period. UBS Group AG increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% in the fourth quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock valued at $749,070,000 after purchasing an additional 268,076 shares during the period. Wells Fargo & Company MN increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the fourth quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock valued at $638,302,000 after purchasing an additional 279,751 shares during the period. Captrust Financial Advisors increased its holdings in shares of 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 valued at $529,995,000 after purchasing an additional 2,487,366 shares during the period. Finally, Capital Wealth Planning LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% in the fourth quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock valued at $439,386,000 after purchasing an additional 214,187 shares during the period.

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

Shares of BIL stock opened at $91.51 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.78. The stock’s 50-day simple moving average is $91.51 and its 200-day simple moving average is $91.51.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.