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

Sovran Advisors LLC cut its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 12.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,754 shares of the company’s stock after selling 8,439 shares during the quarter. Sovran Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $5,376,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BIL. Ashton Thomas Securities LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter worth about $25,000. Atlantic Union Bankshares Corp raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after acquiring an additional 119 shares during the period. City Holding Co. raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% in the 3rd quarter. City Holding Co. now owns 310 shares of the company’s stock valued at $28,000 after acquiring an additional 270 shares during the period. Westwind Capital purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the fourth quarter valued at about $28,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings 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 Stock Performance

Shares of NYSEARCA:BIL opened at $91.42 on Friday. The company has a 50-day moving average price of $91.51 and a two-hundred day moving average price of $91.54. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve 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.