Financial Solutions Advisory Group Inc. Invests $4.27 Million in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Financial Solutions Advisory Group Inc. acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 46,598 shares of the company’s stock, valued at approximately $4,270,000. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 0.6% of Financial Solutions Advisory Group Inc.’s portfolio, making the stock its 28th biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BIL. Quarry LP purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter worth about $36,000. Networth Advisors LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 1st quarter valued at approximately $38,000. Imprint Wealth LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter valued at approximately $44,000. Allspring Global Investments Holdings LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after buying an additional 116 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 199.5% in the 1st quarter. Bessemer Group Inc. now owns 599 shares of the company’s stock worth $55,000 after buying an additional 399 shares during the period.

SPDR Bloomberg 1-3 Month T-Bill ETF Trading Up 0.0%

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.68 on Friday. The firm has a 50 day simple moving average of $91.54 and a 200 day simple moving average of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78.

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.