Maridea Wealth Management LLC Purchases 13,719 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Maridea Wealth Management LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 6.4% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 226,471 shares of the company’s stock after buying an additional 13,719 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 3.0% of Maridea Wealth Management LLC’s holdings, making the stock its largest holding. Maridea Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $20,754,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in BIL. Solstein Capital LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% during the fourth quarter. Solstein Capital LLC now owns 1,381 shares of the company’s stock worth $126,000 after acquiring an additional 115 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock valued at $50,000 after acquiring an additional 116 shares during the last quarter. Tower Wealth Partners Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% in the fourth quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock valued at $442,000 after acquiring an additional 117 shares during the last quarter. Verity Asset Management Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% in the third quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock valued at $226,000 after acquiring an additional 117 shares during the last quarter. Finally, Triad Wealth Partners LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.8% in the fourth quarter. Triad Wealth Partners LLC now owns 7,162 shares of the company’s stock worth $654,000 after purchasing an additional 126 shares during the period.

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

Shares of NYSEARCA:BIL opened at $91.63 on Friday. 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 has a 50-day moving average price of $91.54 and a two-hundred day moving average price of $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.