Loomis Sayles & Co. L P Acquires New Stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Loomis Sayles & Co. L P purchased a new position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 13,600 shares of the company’s stock, valued at approximately $1,249,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Salomon & Ludwin LLC lifted its position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 450.6% during the 3rd quarter. Salomon & Ludwin LLC now owns 483,327 shares of the company’s stock valued at $44,363,000 after buying an additional 395,540 shares in the last quarter. Keating Investment Counselors Inc. raised its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 411.9% during the 2nd quarter. Keating Investment Counselors Inc. now owns 272,743 shares of the company’s stock worth $25,032,000 after acquiring an additional 219,463 shares during the period. Accordant Advisory Group Inc purchased a new position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the third quarter valued at approximately $17,835,000. Silverleafe Capital Partners LLC bought a new position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the second quarter worth approximately $17,652,000. Finally, 49 Wealth Management LLC increased its stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 79.9% in the third quarter. 49 Wealth Management LLC now owns 372,554 shares of the company’s stock worth $34,204,000 after purchasing an additional 165,518 shares in the last quarter.

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

BIL opened at $91.76 on Thursday. The firm’s fifty day moving average is $91.64 and its 200 day moving average is $91.63. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a fifty-two week low of $91.21 and a fifty-two week high of $91.85.

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.