Gibbs Wealth Management Acquires 30,526 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Gibbs Wealth Management lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 43.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 100,526 shares of the company’s stock after purchasing an additional 30,526 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 1.2% of Gibbs Wealth Management’s holdings, making the stock its 18th biggest position. Gibbs Wealth Management’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $9,212,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Sei Investments Co. boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.0% during the 1st quarter. Sei Investments Co. now owns 18,122 shares of the company’s stock valued at $1,661,000 after acquiring an additional 1,792 shares in the last quarter. Lido Advisors LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 269.5% in the 1st quarter. Lido Advisors LLC now owns 178,162 shares of the company’s stock worth $16,327,000 after acquiring an additional 129,947 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during the 1st quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock worth $398,538,000 after purchasing an additional 1,487,570 shares during the last quarter. Dynamic Wealth Strategies LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 1st quarter worth $59,000. Finally, NewEdge Wealth LLC boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 33.6% during the first quarter. NewEdge Wealth LLC now owns 8,489 shares of the company’s stock valued at $778,000 after purchasing an additional 2,135 shares in the last quarter.

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

BIL opened at $91.58 on Friday. The business’s 50-day moving average is $91.53 and its two-hundred day moving average is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year 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.