SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Purchased by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 26.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,606 shares of the company’s stock after buying an additional 6,212 shares during the period. Pinnacle Associates Ltd.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,716,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BIL. Capital & Planning LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.4% during the 2nd quarter. Capital & Planning LLC now owns 10,239 shares of the company’s stock valued at $939,000 after buying an additional 141 shares during the period. Graypoint LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.6% during the 1st quarter. Graypoint LLC now owns 25,564 shares of the company’s stock valued at $2,345,000 after buying an additional 161 shares during the period. Wedbush Securities Inc. raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.5% during the 1st quarter. Wedbush Securities Inc. now owns 40,842 shares of the company’s stock valued at $3,746,000 after buying an additional 220 shares during the period. Secure Asset Management LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 8.6% during the 2nd quarter. Secure Asset Management LLC now owns 2,842 shares of the company’s stock valued at $261,000 after buying an additional 224 shares during the period. Finally, Baring Financial LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.4% during the 2nd quarter. Baring Financial LLC now owns 60,128 shares of the company’s stock valued at $5,515,000 after buying an additional 229 shares during the period.

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

Shares of NYSEARCA:BIL opened at $91.76 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.29 and a one year high of $91.80. The business’s 50-day simple moving average is $91.63 and its 200 day simple moving average is $91.61.

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.