Kovack Advisors Inc. Increases Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Kovack Advisors Inc. grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 1,027.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,084 shares of the company’s stock after acquiring an additional 42,909 shares during the quarter. Kovack Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,303,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Westwind Capital purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter valued at about $28,000. Imprint Wealth LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter valued at about $44,000. Fifth Third Bancorp boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% during the 3rd quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock valued at $49,000 after acquiring an additional 515 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock valued at $50,000 after acquiring an additional 116 shares during the last quarter. Finally, Optima Capital LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter valued at about $61,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

Shares of NYSEARCA BIL opened at $91.48 on Friday. The firm’s 50-day moving average price is $91.51 and its 200-day moving average price is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week 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.