Cornerstone Wealth Group LLC Purchases Shares of 9,835 SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Cornerstone Wealth Group LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,835 shares of the company’s stock, valued at approximately $902,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter worth $25,000. City Holding Co. raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% in the third quarter. City Holding Co. now owns 310 shares of the company’s stock valued at $28,000 after buying an additional 270 shares in the last quarter. MeadowBrook Investment Advisors LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth about $43,000. Ameriflex Group Inc. boosted its position 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 acquiring an additional 324 shares in the last quarter. Finally, GHP Investment Advisors Inc. increased its holdings 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 acquiring an additional 150 shares during the last quarter.

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

Shares of NYSEARCA BIL opened at $91.55 on Thursday. The stock’s 50-day simple moving average is $91.51 and its 200-day simple moving average is $91.57. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week 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.