Pacific Point Advisors LLC Cuts Stock Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Pacific Point Advisors LLC reduced its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 18.4% during the third quarter, Holdings Channel.com reports. The firm owned 265,502 shares of the company’s stock after selling 59,932 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 14.2% of Pacific Point Advisors LLC’s portfolio, making the stock its biggest position. Pacific Point Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $24,360,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after purchasing an additional 2,270,073 shares during the period. Captrust Financial Advisors lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after buying an additional 2,487,366 shares during the period. Raymond James Financial Inc. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% during the second quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock valued at $370,693,000 after buying an additional 1,153,335 shares in the last quarter. AGF Management Ltd. grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 25.4% during the second quarter. AGF Management Ltd. now owns 3,076,049 shares of the company’s stock worth $282,166,000 after acquiring an additional 622,409 shares during the period. Finally, CWM LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 20.5% in the third quarter. CWM LLC now owns 2,843,810 shares of the company’s stock worth $260,920,000 after acquiring an additional 483,773 shares in the last quarter.

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

NYSEARCA:BIL opened at $91.51 on Friday. The company has a 50-day moving average of $91.47 and a 200-day moving average of $91.56. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month 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.