SFI Advisors LLC Makes New $7.32 Million Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

SFI Advisors LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 2nd quarter, HoldingsChannel reports. The fund acquired 79,751 shares of the company’s stock, valued at approximately $7,316,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 5.1% of SFI Advisors LLC’s investment portfolio, making the stock its largest holding.

Other hedge funds have also recently modified their holdings of the company. Capital & Planning LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.4% during the second quarter. Capital & Planning LLC now owns 10,239 shares of the company’s stock valued at $939,000 after acquiring an additional 141 shares in the last quarter. Thompson Davis & CO. Inc. grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.5% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 9,595 shares of the company’s stock worth $880,000 after purchasing an additional 145 shares during the period. GHP Investment Advisors Inc. increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% during the 2nd quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock valued at $54,000 after purchasing an additional 150 shares in the last quarter. Meridian Wealth Management LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.3% in the 2nd quarter. Meridian Wealth Management LLC now owns 72,887 shares of the company’s stock valued at $6,686,000 after purchasing an additional 216 shares during the period. Finally, Wedbush Securities Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% during the first quarter. Wedbush Securities Inc. now owns 40,842 shares of the company’s stock worth $3,746,000 after buying an additional 220 shares in the last quarter.

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

BIL stock opened at $91.60 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.29 and a one year high of $91.80. The firm’s fifty day moving average is $91.61 and its 200 day moving average is $91.60.

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.