IPG Investment Advisors LLC Sells 25,580 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

IPG Investment Advisors LLC trimmed its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 34.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,567 shares of the company’s stock after selling 25,580 shares during the quarter. IPG Investment Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,542,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth $2,407,000. Main Street Financial Solutions LLC grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock valued at $948,000 after buying an additional 4,179 shares during the last quarter. Quantinno Capital Management LP increased 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 buying an additional 120,540 shares during the period. Karpus Management Inc. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% during the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after acquiring an additional 765 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth approximately $123,000.

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

Shares of BIL stock opened at $91.46 on Thursday. The business’s 50 day simple moving average is $91.53 and its 200 day simple moving average is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.77.

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.