Five Pine Wealth Management Reduces Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Five Pine Wealth Management cut its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 40.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,602 shares of the company’s stock after selling 8,644 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 0.7% of Five Pine Wealth Management’s investment portfolio, making the stock its 21st biggest holding. Five Pine Wealth Management’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,152,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in BIL. Brown Advisory Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 10.8% in the second quarter. Brown Advisory Inc. now owns 69,972 shares of the company’s stock valued at $6,419,000 after purchasing an additional 6,818 shares during the last quarter. SageView Advisory Group LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at $226,000. Cerity Partners LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 15.5% in the second quarter. Cerity Partners LLC now owns 86,487 shares of the company’s stock valued at $7,933,000 after purchasing an additional 11,600 shares during the last quarter. Cary Street Partners Financial LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.0% in the second quarter. Cary Street Partners Financial LLC now owns 31,760 shares of the company’s stock valued at $2,913,000 after purchasing an additional 939 shares during the last quarter. Finally, Bank of Nova Scotia boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 38.5% in the second quarter. Bank of Nova Scotia now owns 443,976 shares of the company’s stock valued at $40,724,000 after purchasing an additional 123,509 shares during the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

NYSEARCA:BIL opened at $91.45 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.78. The firm’s fifty day moving average is $91.51 and its two-hundred day moving average is $91.54.

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.