Lido Advisors LLC Grows Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Lido Advisors LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 269.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 178,162 shares of the company’s stock after buying an additional 129,947 shares during the quarter. Lido Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $16,327,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Bank of America Corp DE increased 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 valued at $1,630,591,000 after purchasing an additional 2,270,073 shares during the period. UBS Group AG raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% in the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after purchasing an additional 268,076 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the 4th quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after purchasing an additional 279,751 shares during the period. Captrust Financial Advisors lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the 2nd 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. Finally, Assetmark Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the 1st 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 period.

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

Shares of BIL opened at $91.58 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78. The firm’s 50-day moving average price is $91.53 and its 200-day moving average price is $91.52.

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.