Berkshire Money Management Inc. Reduces Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Berkshire Money Management Inc. trimmed its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 12.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 234,053 shares of the company’s stock after selling 33,266 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 2.3% of Berkshire Money Management Inc.’s holdings, making the stock its 14th biggest holding. Berkshire Money Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $21,470,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pinnacle Bancorp Inc. raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 384.1% in the 1st quarter. Pinnacle Bancorp Inc. now owns 305 shares of the company’s stock valued at $28,000 after acquiring an additional 242 shares during the last quarter. Western Pacific Wealth Management LP purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at approximately $38,000. Wayfinding Financial LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at approximately $39,000. Ameriflex Group Inc. increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% in the second quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock valued at $44,000 after purchasing an additional 324 shares during the last quarter. Finally, Bangor Savings Bank purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth approximately $50,000.

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

NYSEARCA BIL opened at $91.49 on Monday. The stock’s fifty day moving average is $91.62 and its two-hundred day moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.29 and a fifty-two week high of $91.80.

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.