SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) Sees Unusually-High Trading Volume

Shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) saw strong trading volume on Friday . 17,753,052 shares changed hands during trading, an increase of 146% from the previous session’s volume of 7,214,399 shares.The stock last traded at $91.46 and had previously closed at $91.86.

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

The business’s 50 day moving average is $91.64 and its 200-day moving average is $91.63.

Institutional Trading of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Headinvest LLC boosted its holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 170.5% in the 2nd quarter. Headinvest LLC now owns 17,352 shares of the company’s stock valued at $1,589,000 after purchasing an additional 10,937 shares during the period. VitalStone Financial LLC raised its position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 31,177.3% during the second quarter. VitalStone Financial LLC now owns 575,190 shares of the company’s stock valued at $52,826,000 after buying an additional 573,351 shares during the last quarter. West Michigan Advisors LLC lifted its stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 29.4% in the second quarter. West Michigan Advisors LLC now owns 2,866 shares of the company’s stock valued at $263,000 after buying an additional 651 shares during the period. O Brien Greene & Co. Inc acquired a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the second quarter worth about $12,372,000. Finally, Integrated Wealth Concepts LLC increased its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 17.7% during the second quarter. Integrated Wealth Concepts LLC now owns 80,764 shares of the company’s stock valued at $7,416,000 after acquiring an additional 12,127 shares during the period.

About SPDR Bloomberg Barclays 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.