SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock: KG Capital Management Boosts Position

KG Capital Management increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 9.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,040 shares of the company’s stock after acquiring an additional 6,899 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 4.8% of KG Capital Management’s investment portfolio, making the stock its 2nd biggest position. KG Capital Management’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $7,426,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Baird Financial Group Inc. grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 18.4% in the second quarter. Baird Financial Group Inc. now owns 727,796 shares of the company’s stock valued at $66,695,000 after purchasing an additional 113,318 shares in the last quarter. Momentum Wealth Planning LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 146.1% during the 1st quarter. Momentum Wealth Planning LLC now owns 34,249 shares of the company’s stock worth $3,139,000 after buying an additional 20,330 shares during the period. Pennsylvania Capital Management Inc. ADV acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 1st quarter worth approximately $794,000. Lunt Capital Management Inc. lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 12.3% during the 2nd quarter. Lunt Capital Management Inc. now owns 89,266 shares of the company’s stock worth $8,180,000 after buying an additional 9,780 shares in the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $1,172,000.

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

Shares of BIL stock opened at $91.52 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.77. The firm has a 50 day moving average of $91.53 and a two-hundred day moving average of $91.53.

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.