Elevation Capital Advisory LLC Has $13.59 Million Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Elevation Capital Advisory LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 59.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 148,736 shares of the company’s stock after buying an additional 55,426 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 5.6% of Elevation Capital Advisory LLC’s investment portfolio, making the stock its largest position. Elevation Capital Advisory LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $13,592,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in BIL. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter worth $25,000. Atlantic Union Bankshares Corp increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% during the third quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after purchasing an additional 119 shares during the last quarter. City Holding Co. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% during the third quarter. City Holding Co. now owns 310 shares of the company’s stock valued at $28,000 after purchasing an additional 270 shares during the last quarter. Westwind Capital bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the fourth quarter valued at $28,000. Finally, GPS Wealth Strategies Group LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% during the third quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock valued at $36,000 after purchasing an additional 126 shares during the last quarter.

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

BIL stock opened at $91.51 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78. The firm has a fifty day moving average price of $91.50 and a two-hundred day moving average price of $91.53.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.