Hershey Financial Advisers LLC Purchases New Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Hershey Financial Advisers LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 61,015 shares of the company’s stock, valued at approximately $5,597,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 5.0% of Hershey Financial Advisers LLC’s holdings, making the stock its biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SPG Advisors LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth $389,000. Kestra Investment Management LLC grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.8% in the second quarter. Kestra Investment Management LLC now owns 5,470 shares of the company’s stock valued at $502,000 after purchasing an additional 249 shares during the period. 44 Wealth Management LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.2% during the second quarter. 44 Wealth Management LLC now owns 19,248 shares of the company’s stock worth $1,766,000 after purchasing an additional 2,393 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth about $20,022,000. Finally, Brown Financial Advisors boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 47.2% in the 2nd quarter. Brown Financial Advisors now owns 13,251 shares of the company’s stock valued at $1,216,000 after purchasing an additional 4,251 shares during the last quarter.

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

Shares of NYSEARCA BIL opened at $91.60 on Friday. The company has a 50 day simple moving average of $91.59 and a 200-day simple moving average of $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.29 and a 1 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.