SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by Hanover Advisors Inc.

Hanover Advisors Inc. reduced its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 26.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,738 shares of the company’s stock after selling 28,782 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 3.0% of Hanover Advisors Inc.’s holdings, making the stock its 6th biggest position. Hanover Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $7,399,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at $2,407,000. Main Street Financial Solutions LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock worth $948,000 after purchasing an additional 4,179 shares during the period. Quantinno Capital Management LP raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the 2nd quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock valued at $12,412,000 after buying an additional 120,540 shares during the last quarter. Karpus Management Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% during the 2nd quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock valued at $669,000 after buying an additional 765 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at about $123,000.

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

Shares of BIL stock opened at $91.56 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.78. The business has a 50-day simple moving average of $91.52 and a 200-day simple moving average of $91.51.

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.