SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) Sees Large Volume Increase

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) shares saw unusually-high trading volume on Friday . Approximately 2,381,299 shares changed hands during mid-day trading, a decline of 65% from the previous session’s volume of 6,892,796 shares.The stock last traded at $91.83 and had previously closed at $91.77.

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF Stock Up 0.1 %

The stock’s 50 day moving average is $91.63 and its 200 day moving average is $91.62.

Institutional Investors Weigh In On SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

A number of large investors have recently bought and sold shares of the stock. Polen Capital Management LLC acquired a new position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the fourth quarter valued at $55,436,000. Captrust Financial Advisors lifted its holdings in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 6.6% during the 1st quarter. Captrust Financial Advisors now owns 6,902,393 shares of the company’s stock worth $633,640,000 after acquiring an additional 429,329 shares during the period. Parkwood LLC acquired a new stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the fourth quarter worth approximately $34,637,000. 49 Wealth Management LLC increased its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 382.6% during the first quarter. 49 Wealth Management LLC now owns 449,310 shares of the company’s stock worth $41,076,000 after purchasing an additional 356,202 shares during the last quarter. Finally, Keating Investment Counselors Inc. raised its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 411.9% during the second quarter. Keating Investment Counselors Inc. now owns 272,743 shares of the company’s stock worth $25,032,000 after purchasing an additional 219,463 shares during the period.

About SPDR Bloomberg Barclays 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.