Palladiem LLC Buys New Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Palladiem LLC bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 66,021 shares of the company’s stock, valued at approximately $6,033,000. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 5.7% of Palladiem LLC’s portfolio, making the stock its 7th biggest holding.

Several other large investors have also recently added to or reduced their stakes in BIL. Captrust Financial Advisors increased its position in 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 acquiring an additional 2,487,366 shares during the period. AQR Capital Management LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% in the 3rd quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after acquiring an additional 2,287,314 shares during the period. Bank of America Corp DE increased 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 during the period. ArrowMark Colorado Holdings LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 466.3% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,562,730 shares of the company’s stock valued at $143,380,000 after acquiring an additional 1,286,774 shares during the period. Finally, 3EDGE Asset Management LP increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.4% in the 4th quarter. 3EDGE Asset Management LP now owns 2,448,032 shares of the company’s stock valued at $223,695,000 after acquiring an additional 1,244,528 shares during the period.

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

BIL opened at $91.45 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month high of $91.78. The stock’s 50 day moving average price is $91.53 and its 200 day moving average price is $91.51.

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.