Founders Financial Securities LLC Sells 124,605 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Founders Financial Securities LLC lowered its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 74.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,811 shares of the company’s stock after selling 124,605 shares during the period. Founders Financial Securities LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,923,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of BIL. Bank of America Corp DE lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after purchasing an additional 2,438,044 shares during the period. Assetmark Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during 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. Cetera Investment Advisers boosted its stake in shares of 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 worth $398,538,000 after acquiring an additional 1,487,570 shares in the last quarter. USA Financial Formulas purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth $300,320,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter valued at $294,583,000.

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

Shares of BIL stock opened at $91.67 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.77. The business has a fifty day simple moving average of $91.55 and a 200-day simple 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.