63,174 Shares in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Acquired by ARQ Wealth Advisors LLC

ARQ Wealth Advisors LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 63,174 shares of the company’s stock, valued at approximately $5,789,000.

Several other hedge funds have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after purchasing an additional 2,270,073 shares in the last quarter. UBS Group AG increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% during the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after purchasing an additional 268,076 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% during the 4th quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock valued at $638,302,000 after purchasing an additional 279,751 shares during the last quarter. Captrust Financial Advisors lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after purchasing an additional 2,487,366 shares during the last quarter. Finally, Capital Wealth Planning LLC grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% during the fourth quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock worth $439,386,000 after buying an additional 214,187 shares during the last quarter.

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

Shares of NYSEARCA BIL traded up $0.04 during mid-day trading on Friday, hitting $91.50. 8,386,132 shares of the stock were exchanged, compared to its average volume of 10,621,593. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78. The stock’s fifty day simple moving average is $91.52 and its two-hundred day simple moving average is $91.50.

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.