Randolph Co Inc Sells 147,416 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Randolph Co Inc cut its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 28.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 379,938 shares of the company’s stock after selling 147,416 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 2.9% of Randolph Co Inc’s portfolio, making the stock its 18th biggest holding. Randolph Co Inc’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $34,818,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $2,407,000. Main Street Financial Solutions LLC raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% in the second quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock valued at $948,000 after purchasing an additional 4,179 shares in the last quarter. Quantinno Capital Management LP raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% in the second quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock valued at $12,412,000 after purchasing an additional 120,540 shares in the last quarter. Karpus Management Inc. lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after purchasing an additional 765 shares during the period. Finally, Darwin Wealth Management LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth $123,000.

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

BIL opened at $91.51 on Friday. The firm’s fifty day moving average price is $91.53 and its two-hundred day moving average price is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two 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.