Counterpoint Mutual Funds LLC Acquires 3,214,569 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Counterpoint Mutual Funds LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the third quarter, HoldingsChannel.com reports. The fund bought 3,214,569 shares of the company’s stock, valued at approximately $294,583,000. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 24.5% of Counterpoint Mutual Funds LLC’s portfolio, making the stock its biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock worth $523,019,000 after purchasing an additional 4,246,874 shares during the last quarter. USA Financial Formulas bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter valued at about $300,320,000. Bank of America Corp DE lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after buying an additional 2,438,044 shares in the last quarter. Cetera Investment Advisers lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during 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 in the last quarter. Finally, Ritholtz Wealth Management boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,553.9% in the 1st quarter. Ritholtz Wealth Management now owns 830,484 shares of the company’s stock valued at $76,106,000 after buying an additional 799,191 shares during the period.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.57 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year 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.

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.