Cannell & Spears LLC Trims Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Cannell & Spears LLC cut its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 17.6% during the 1st quarter, Holdings Channel reports. The fund owned 25,864 shares of the company’s stock after selling 5,516 shares during the period. Cannell & Spears LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,370,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Assetmark Inc. grew 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. Corient Private Wealth LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% during the fourth quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock valued at $389,433,000 after purchasing an additional 4,080,998 shares in the last quarter. Captrust Financial Advisors lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after purchasing an additional 2,487,366 shares in the last quarter. AQR Capital Management LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the third quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after purchasing an additional 2,287,314 shares during the period. Finally, Bank of America Corp DE grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the second 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.

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

Shares of BIL opened at $91.61 on Friday. The business has a 50-day simple moving average of $91.53 and a two-hundred day simple moving average of $91.52. 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.