Ramiah Investment Group Purchases 235,056 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Ramiah Investment Group boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 1,609.5% during the first quarter, HoldingsChannel.com reports. The fund owned 249,660 shares of the company’s stock after buying an additional 235,056 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 20.0% of Ramiah Investment Group’s portfolio, making the stock its biggest position. Ramiah Investment Group’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $22,879,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. AllGen Financial Advisors Inc. increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 20.3% in the 4th quarter. AllGen Financial Advisors Inc. now owns 135,282 shares of the company’s stock valued at $12,362,000 after purchasing an additional 22,838 shares during the last quarter. Culbertson A N & Co. Inc. raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 56.0% during the 4th quarter. Culbertson A N & Co. Inc. now owns 37,057 shares of the company’s stock worth $3,386,000 after buying an additional 13,307 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 31.3% during the 4th quarter. Farther Finance Advisors LLC now owns 407,901 shares of the company’s stock worth $37,274,000 after buying an additional 97,343 shares in the last quarter. Twin Lakes Capital Management LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.7% during the 4th quarter. Twin Lakes Capital Management LLC now owns 374,717 shares of the company’s stock worth $34,242,000 after buying an additional 9,811 shares during the last quarter. Finally, Invariant Investment Management bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter worth $814,000.

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

NYSEARCA:BIL opened at $91.68 on Friday. The stock’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 twelve month low of $91.26 and a twelve month 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.