SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Position Boosted by Innovative Advisory Group LLC

Innovative Advisory Group LLC raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 26.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 906,892 shares of the company’s stock after purchasing an additional 189,905 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 63.0% of Innovative Advisory Group LLC’s holdings, making the stock its biggest position. Innovative Advisory Group LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $83,108,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BIL. Bank of America Corp DE raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after buying an additional 2,438,044 shares during the period. Assetmark Inc. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock worth $523,019,000 after acquiring an additional 4,246,874 shares in the last quarter. Capital Wealth Planning LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% during the 4th quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock worth $439,386,000 after acquiring an additional 214,187 shares during the period. Cetera Investment Advisers raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during the 1st quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock worth $398,538,000 after acquiring an additional 1,487,570 shares during the period. Finally, Corient Private Wealth LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% during the fourth quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock valued at $389,433,000 after purchasing an additional 4,080,998 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.57 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.77. The firm’s 50 day simple moving average is $91.54 and its two-hundred day simple moving average is $91.52.

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.