Asset One Wealth Management LLC Makes New $15.67 Million Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Asset One Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 4th quarter, HoldingsChannel reports. The fund acquired 171,447 shares of the company’s stock, valued at approximately $15,669,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 2.2% of Asset One Wealth Management LLC’s investment portfolio, making the stock its 12th largest position.

Several other institutional investors also recently bought and sold shares of the business. The Manufacturers Life Insurance Company purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at $2,407,000. Main Street Financial Solutions LLC boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% in the second quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock valued at $948,000 after purchasing an additional 4,179 shares during the period. Quantinno Capital Management LP boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% in the second quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock valued at $12,412,000 after purchasing an additional 120,540 shares during the period. Karpus Management Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock valued at $669,000 after purchasing an additional 765 shares during the period. Finally, Darwin Wealth Management LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at $123,000.

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

Shares of BIL stock opened at $91.53 on Thursday. The firm has a fifty day simple moving average of $91.52 and a 200-day simple moving average of $91.50. 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 Company 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.