Orion Porfolio Solutions LLC Acquires 76,723 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Orion Porfolio Solutions LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 260.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 106,200 shares of the company’s stock after buying an additional 76,723 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $9,744,000 at the end of the most recent reporting period.

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

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

NYSEARCA:BIL opened at $91.42 on Friday. The stock has a 50-day simple moving average of $91.49 and a 200 day simple moving average of $91.55. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.78.

About SPDR Bloomberg 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.