MBA Advisors LLC Trims Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

MBA Advisors LLC reduced its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 18.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,759 shares of the company’s stock after selling 7,499 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 1.2% of MBA Advisors LLC’s portfolio, making the stock its 20th biggest holding. MBA Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,085,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BIL. Bank of America Corp DE boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after buying an additional 2,270,073 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after purchasing an additional 2,487,366 shares in the last quarter. Capital Wealth Planning LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 10.9% during the third quarter. Capital Wealth Planning LLC now owns 4,594,158 shares of the company’s stock valued at $421,514,000 after purchasing an additional 452,437 shares during the last quarter. AQR Capital Management LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% in the 3rd quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock worth $412,610,000 after purchasing an additional 2,287,314 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.2% during the third quarter. Raymond James Financial Inc. now owns 4,170,594 shares of the company’s stock valued at $382,652,000 after buying an additional 129,466 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.42 on Monday. The business has a fifty day simple moving average of $91.51 and a 200 day simple moving average of $91.54. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 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.