Capital Research Global Investors Reduces Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Capital Research Global Investors decreased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 44.7% during the third quarter, HoldingsChannel reports. The firm owned 44,215 shares of the company’s stock after selling 35,780 shares during the quarter. Capital Research Global Investors’ holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,057,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of BIL. Bank of America Corp DE raised its stake 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 buying an additional 2,270,073 shares in the last quarter. Captrust Financial Advisors boosted its position in 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 acquiring an additional 2,487,366 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% during the 2nd quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock worth $370,693,000 after acquiring an additional 1,153,335 shares during the period. CWM LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 20.5% in the 3rd 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. Finally, Osaic Holdings Inc. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 17.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,700,899 shares of the company’s stock worth $247,793,000 after acquiring an additional 408,581 shares in the last quarter.

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

BIL opened at $91.48 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78. The business has a 50 day moving average of $91.50 and a 200-day moving average of $91.55.

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.