SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Acquired by Sherman Wealth Management LLC

Sherman Wealth Management LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 46.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,028 shares of the company’s stock after purchasing an additional 14,809 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 3.1% of Sherman Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Sherman Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,310,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BIL. Baird Financial Group Inc. lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 18.4% during the 2nd quarter. Baird Financial Group Inc. now owns 727,796 shares of the company’s stock valued at $66,695,000 after purchasing an additional 113,318 shares during the last quarter. Momentum Wealth Planning LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 146.1% in the first quarter. Momentum Wealth Planning LLC now owns 34,249 shares of the company’s stock valued at $3,139,000 after purchasing an additional 20,330 shares during the last quarter. Pennsylvania Capital Management Inc. ADV acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at $794,000. Lunt Capital Management Inc. increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 12.3% in the second quarter. Lunt Capital Management Inc. now owns 89,266 shares of the company’s stock valued at $8,180,000 after purchasing an additional 9,780 shares during the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $1,172,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

Shares of BIL stock opened at $91.54 on Friday. The company has a 50-day simple moving average of $91.53 and a 200 day simple moving average of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.77.

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.