Palogic Value Management L.P. Boosts Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Palogic Value Management L.P. lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 120.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 124,536 shares of the company’s stock after acquiring an additional 68,157 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 2.4% of Palogic Value Management L.P.’s investment portfolio, making the stock its 7th largest holding. Palogic Value Management L.P.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $11,412,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. The Manufacturers Life Insurance Company bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth $2,407,000. Main Street Financial Solutions LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% during 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 in the last quarter. Quantinno Capital Management LP boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the 2nd 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 in the last quarter. Karpus Management Inc. grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the 2nd quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after buying an additional 765 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth about $123,000.

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

Shares of SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.46 on Thursday. The company has a 50-day moving average of $91.53 and a 200 day moving average of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.77.

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.