Quantinno Capital Management LP Has $28.83 Million Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Quantinno Capital Management LP lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 12.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 314,591 shares of the company’s stock after buying an additional 35,246 shares during the period. Quantinno Capital Management LP’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $28,829,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in BIL. The Manufacturers Life Insurance Company acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $2,407,000. Main Street Financial Solutions LLC increased its holdings 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 worth $948,000 after acquiring an additional 4,179 shares in the last quarter. Karpus Management Inc. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% during the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after purchasing an additional 765 shares during the period. Darwin Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth about $123,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% during the 2nd quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock valued at $370,693,000 after purchasing an additional 1,153,335 shares in the last quarter.

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

NYSEARCA:BIL opened at $91.68 on Friday. The business’s 50-day simple moving average is $91.54 and its 200-day simple moving average is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.78.

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.