Bingham Private Wealth LLC Makes New $2.83 Million Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Bingham Private Wealth LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,916 shares of the company’s stock, valued at approximately $2,825,000. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 2.3% of Bingham Private Wealth LLC’s holdings, making the stock its 7th largest position.

Several other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after buying an additional 2,270,073 shares during the last quarter. Captrust Financial Advisors raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after buying an additional 2,487,366 shares during the last quarter. Capital Wealth Planning LLC raised its holdings in 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 worth $421,514,000 after buying an additional 452,437 shares during the last quarter. AQR Capital Management LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the third quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock worth $412,610,000 after buying an additional 2,287,314 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in 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 worth $382,652,000 after buying an additional 129,466 shares during the last quarter.

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

BIL opened at $91.50 on Wednesday. The company’s fifty day moving average price is $91.50 and its two-hundred day moving average price is $91.53. 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.