Clio Asset Management LLC Acquires 44,100 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Clio Asset Management LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 442.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,067 shares of the company’s stock after buying an additional 44,100 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 3.7% of Clio Asset Management LLC’s portfolio, making the stock its 12th largest position. Clio Asset Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,961,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BIL. Western Pacific Wealth Management LP acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth $38,000. MeadowBrook Investment Advisors LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth $43,000. Ameriflex Group Inc. lifted its holdings in 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 buying an additional 324 shares during the period. Bangor Savings Bank bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at about $50,000. Finally, GHP Investment Advisors Inc. grew its position in shares of 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 last quarter.

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

Shares of BIL opened at $91.38 on Friday. The business has a 50-day moving average of $91.54 and a 200-day moving average of $91.58. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78.

About SPDR Bloomberg 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.