3EDGE Asset Management LP Raises Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

3EDGE Asset Management LP grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 103.4% during the fourth quarter, HoldingsChannel reports. The firm owned 2,448,032 shares of the company’s stock after buying an additional 1,244,528 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 11.6% of 3EDGE Asset Management LP’s holdings, making the stock its biggest position. 3EDGE Asset Management LP’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $223,695,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of BIL. Bank of America Corp DE lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after acquiring an additional 2,270,073 shares during the last quarter. UBS Group AG grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% in the fourth quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock valued at $749,070,000 after purchasing an additional 268,076 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after purchasing an additional 2,487,366 shares during the period. Capital Wealth Planning LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 10.9% during the 3rd quarter. Capital Wealth Planning LLC now owns 4,594,158 shares of the company’s stock worth $421,514,000 after purchasing an additional 452,437 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the 3rd quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock worth $412,610,000 after purchasing an additional 2,287,314 shares during the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.55 on Wednesday. The business has a 50 day moving average price of $91.52 and a 200 day moving average price of $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78.

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.