Tidal Investments LLC Sells 134,101 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Tidal Investments LLC reduced its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 82.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 27,744 shares of the company’s stock after selling 134,101 shares during the quarter. Tidal Investments LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,535,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BIL. Assetmark Inc. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after acquiring an additional 4,246,874 shares during the period. Corient Private Wealth LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% during the 4th quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock worth $389,433,000 after purchasing an additional 4,080,998 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after acquiring an additional 2,438,044 shares during the period. Counterpoint Mutual Funds LLC bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at approximately $202,198,000. Finally, Cetera Investment Advisers increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% in the 1st quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock valued at $398,538,000 after buying an additional 1,487,570 shares during the last quarter.

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

NYSEARCA:BIL opened at $91.51 on Wednesday. The firm has a fifty day simple moving average of $91.53 and a 200 day simple moving average of $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.77.

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.