SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by M Holdings Securities Inc.

M Holdings Securities Inc. lessened its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 27.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 57,187 shares of the company’s stock after selling 22,016 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 0.7% of M Holdings Securities Inc.’s investment portfolio, making the stock its 28th largest holding. M Holdings Securities Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $5,233,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Two Sigma Securities LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 88.9% during the second quarter. Two Sigma Securities LLC now owns 61,899 shares of the company’s stock worth $5,672,000 after acquiring an additional 29,134 shares during the period. B & T Capital Management DBA Alpha Capital Management boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 333.7% in the second quarter. B & T Capital Management DBA Alpha Capital Management now owns 184,103 shares of the company’s stock valued at $16,871,000 after purchasing an additional 141,651 shares during the period. Rational Advisors Inc. purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at $1,647,000. Hollencrest Capital Management grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 180.7% during the 2nd quarter. Hollencrest Capital Management now owns 60,713 shares of the company’s stock worth $5,564,000 after purchasing an additional 39,086 shares in the last quarter. Finally, Capital Advisors Inc. OK purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth about $351,000.

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

BIL stock opened at $91.65 on Monday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78. The business’s 50-day moving average is $91.55 and its two-hundred day moving average is $91.53.

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.