SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by Royal Bank of Canada

Royal Bank of Canada lessened its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 1.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,064,081 shares of the company’s stock after selling 104,054 shares during the quarter. Royal Bank of Canada owned approximately 1.59% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $738,993,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after purchasing an additional 2,270,073 shares during the last quarter. UBS Group AG boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% in the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after buying an additional 268,076 shares during the last quarter. Wells Fargo & Company MN increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% during the 4th quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after buying an additional 279,751 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after acquiring an additional 2,487,366 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after acquiring an additional 4,246,874 shares during the last quarter.

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

NYSEARCA BIL opened at $91.63 on Wednesday. The stock’s 50 day simple moving average is $91.53 and its 200-day simple moving average is $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.