Founders Financial Securities LLC Cuts Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Founders Financial Securities LLC lowered its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 9.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 148,477 shares of the company’s stock after selling 15,584 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 0.9% of Founders Financial Securities LLC’s investment portfolio, making the stock its 22nd biggest position. Founders Financial Securities LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $13,623,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after purchasing an additional 2,270,073 shares during the period. Captrust Financial Advisors increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after buying an additional 2,487,366 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% during the 2nd quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock worth $370,693,000 after buying an additional 1,153,335 shares during the period. Truist Financial Corp lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 6.0% during the 2nd quarter. Truist Financial Corp now owns 3,389,965 shares of the company’s stock valued at $310,961,000 after buying an additional 191,980 shares in the last quarter. Finally, AGF Management Ltd. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 25.4% during the 2nd quarter. AGF Management Ltd. now owns 3,076,049 shares of the company’s stock valued at $282,166,000 after buying an additional 622,409 shares in the last quarter.

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

Shares of NYSEARCA BIL opened at $91.30 on Wednesday. The firm has a fifty day moving average of $91.58 and a 200 day moving average of $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 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.