World Equity Group Inc. Buys Shares of 16,612 SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

World Equity Group Inc. bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 16,612 shares of the company’s stock, valued at approximately $1,522,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BIL. Bank of America Corp DE increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after purchasing an additional 2,438,044 shares in the last quarter. UBS Group AG boosted its position in 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 buying an additional 268,076 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% during the fourth 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 during the last quarter. Captrust Financial Advisors grew its stake 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 worth $529,995,000 after buying an additional 2,487,366 shares during the last quarter. Finally, Assetmark Inc. grew its stake 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 worth $523,019,000 after buying an additional 4,246,874 shares during the last quarter.

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

Shares of BIL opened at $91.48 on Monday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78. The business has a 50-day simple moving average of $91.52 and a two-hundred day simple moving average of $91.52.

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.