Gilpin Wealth Management LLC Takes Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Gilpin Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 23,876 shares of the company’s stock, valued at approximately $2,182,000. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 1.7% of Gilpin Wealth Management LLC’s portfolio, making the stock its 14th biggest holding.

A number of other large investors have also made changes to their positions in BIL. Captrust Financial Advisors raised its holdings 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 valued at $529,995,000 after acquiring an additional 2,487,366 shares during the period. AQR Capital Management LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the third quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after acquiring an additional 2,287,314 shares during the period. Bank of America Corp DE raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after acquiring an additional 2,270,073 shares during the period. ArrowMark Colorado Holdings LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 466.3% during the third quarter. ArrowMark Colorado Holdings LLC now owns 1,562,730 shares of the company’s stock valued at $143,380,000 after acquiring an additional 1,286,774 shares during the period. Finally, 3EDGE Asset Management LP raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 103.4% during the fourth quarter. 3EDGE Asset Management LP now owns 2,448,032 shares of the company’s stock valued at $223,695,000 after acquiring an additional 1,244,528 shares during the period.

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

BIL stock opened at $91.47 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.78. The company’s 50 day simple moving average is $91.52 and its 200-day simple moving average is $91.51.

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.