SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by Beacon Capital Management Inc.

Beacon Capital Management Inc. reduced its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 32.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 239,520 shares of the company’s stock after selling 116,073 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 1.1% of Beacon Capital Management Inc.’s portfolio, making the stock its 20th biggest position. Beacon Capital Management Inc. owned approximately 0.05% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $21,971,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of BIL. Capital & Planning LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.4% in the second quarter. Capital & Planning LLC now owns 10,239 shares of the company’s stock worth $939,000 after acquiring an additional 141 shares during the last quarter. Thompson Davis & CO. Inc. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.5% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 9,595 shares of the company’s stock worth $880,000 after purchasing an additional 145 shares during the period. GHP Investment Advisors Inc. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% during the 2nd quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock worth $54,000 after purchasing an additional 150 shares during the period. Hollencrest Capital Management lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.4% in the 2nd quarter. Hollencrest Capital Management now owns 1,533 shares of the company’s stock worth $141,000 after purchasing an additional 157 shares during the last quarter. Finally, Meridian Wealth Management LLC boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.3% during the 2nd quarter. Meridian Wealth Management LLC now owns 72,887 shares of the company’s stock valued at $6,686,000 after purchasing an additional 216 shares during the period.

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

Shares of BIL opened at $91.60 on Monday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.29 and a 12 month high of $91.78. The stock has a fifty day moving average price of $91.59 and a 200 day moving average price of $91.60.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.