Assetmark Inc. Sells 1,789,872 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Assetmark Inc. lessened its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 59.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,225,999 shares of the company’s stock after selling 1,789,872 shares during the period. Assetmark Inc. owned about 0.27% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $112,485,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 110.8% during the second quarter. Sequoia Financial Advisors LLC now owns 23,137 shares of the company’s stock worth $2,122,000 after buying an additional 12,160 shares during the last quarter. Harbour Investments Inc. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 6.1% during the second quarter. Harbour Investments Inc. now owns 34,773 shares of the company’s stock valued at $3,190,000 after acquiring an additional 1,987 shares during the period. Ritholtz Wealth Management bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $2,925,000. Tlwm grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 92.0% during the 2nd quarter. Tlwm now owns 36,608 shares of the company’s stock worth $3,358,000 after buying an additional 17,543 shares during the period. Finally, Stableford Capital II LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 21.8% during the 2nd quarter. Stableford Capital II LLC now owns 233,377 shares of the company’s stock valued at $21,403,000 after acquiring an additional 41,692 shares during the last quarter.

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

NYSEARCA BIL opened at $91.47 on Friday. The stock has a 50-day simple moving average of $91.47 and a 200 day simple moving average of $91.56. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month 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.