Advisory Services Network LLC Has $51.05 Million Stock Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Advisory Services Network LLC lowered its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 17.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 556,406 shares of the company’s stock after selling 120,981 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 0.8% of Advisory Services Network LLC’s holdings, making the stock its 12th largest position. Advisory Services Network LLC owned about 0.12% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $51,050,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of BIL. Western Pacific Wealth Management LP acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth approximately $38,000. MeadowBrook Investment Advisors LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter valued at $43,000. Ameriflex Group Inc. grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% during the 2nd quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock worth $44,000 after purchasing an additional 324 shares in the last quarter. Bangor Savings Bank bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth $50,000. Finally, GHP Investment Advisors Inc. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% in the 2nd quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock valued at $54,000 after buying an additional 150 shares during the period.

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

Shares of BIL opened at $91.60 on Friday. The firm has a 50 day simple moving average of $91.59 and a two-hundred day simple moving average of $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.29 and a one year high of $91.78.

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.