US Bancorp DE Trims Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

US Bancorp DE decreased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 83.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,045 shares of the company’s stock after selling 73,936 shares during the period. US Bancorp DE’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,380,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Captrust Financial Advisors lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the 2nd 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 in the last quarter. Bank of America Corp DE boosted its stake in shares of 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 acquiring an additional 2,270,073 shares during the period. Synergy Asset Management LLC boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 194.7% in the third quarter. Synergy Asset Management LLC now owns 1,879,535 shares of the company’s stock worth $172,422,000 after acquiring an additional 1,241,735 shares during the period. Raymond James Financial Inc. grew its position in shares of 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 worth $370,693,000 after purchasing an additional 1,153,335 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 85.6% during the 2nd quarter. AQR Capital Management LLC now owns 2,209,801 shares of the company’s stock valued at $202,705,000 after purchasing an additional 1,019,145 shares during the period.

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

BIL stock opened at $91.42 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78. The business has a 50 day simple moving average of $91.49 and a two-hundred day simple moving average of $91.55.

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.