Wallace Advisory Group LLC Increases Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Wallace Advisory Group LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 73.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 41,896 shares of the company’s stock after acquiring an additional 17,769 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 3.0% of Wallace Advisory Group LLC’s portfolio, making the stock its 4th biggest position. Wallace Advisory Group LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,843,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Capital & Planning LLC lifted its position in 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 worth $939,000 after buying an additional 141 shares in the last quarter. Thompson Davis & CO. Inc. grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.5% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 9,595 shares of the company’s stock valued at $880,000 after acquiring an additional 145 shares in the last quarter. GHP Investment Advisors Inc. increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% in the second quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock valued at $54,000 after acquiring an additional 150 shares during the last quarter. Hollencrest Capital Management raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.4% during the second quarter. Hollencrest Capital Management now owns 1,533 shares of the company’s stock worth $141,000 after acquiring an additional 157 shares in the last quarter. Finally, Channel Wealth LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.4% during the third quarter. Channel Wealth LLC now owns 42,302 shares of the company’s stock worth $3,881,000 after acquiring an additional 162 shares in the last quarter.

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

Shares of NYSEARCA BIL opened at $91.33 on Friday. The stock has a 50 day moving average price of $91.57 and a 200 day moving average price of $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.