MBA Advisors LLC Has $3.74 Million Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

MBA Advisors LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 16.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,749 shares of the company’s stock after buying an additional 5,684 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 1.7% of MBA Advisors LLC’s investment portfolio, making the stock its 16th largest position. MBA Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,738,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Pinnacle Bancorp Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 384.1% in the 1st quarter. Pinnacle Bancorp Inc. now owns 305 shares of the company’s stock valued at $28,000 after purchasing an additional 242 shares in the last quarter. Western Pacific Wealth Management LP acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at approximately $38,000. Wayfinding Financial LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at approximately $39,000. Bangor Savings Bank acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at approximately $50,000. Finally, Bessemer Group Inc. acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at approximately $59,000.

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

BIL opened at $91.75 on Tuesday. The company’s 50 day moving average is $91.63 and its 200-day moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.29 and a 1-year high of $91.82.

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.