Coppell Advisory Solutions LLC Takes Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Coppell Advisory Solutions LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 25,570 shares of the company’s stock, valued at approximately $2,343,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Twin Lakes Capital Management LLC boosted its position in 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 acquiring an additional 9,811 shares during the period. Dean Jacobson Financial Services LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.4% in the 4th quarter. Dean Jacobson Financial Services LLC now owns 273,248 shares of the company’s stock valued at $24,969,000 after purchasing an additional 6,453 shares during the period. Total Investment Management Inc. acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at about $1,126,000. Moneco Advisors LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 10.5% in the fourth quarter. Moneco Advisors LLC now owns 58,587 shares of the company’s stock worth $5,354,000 after purchasing an additional 5,579 shares in the last quarter. Finally, Kovack Advisors Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1,027.8% in the fourth quarter. Kovack Advisors Inc. now owns 47,084 shares of the company’s stock worth $4,303,000 after purchasing an additional 42,909 shares in the last quarter.

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

BIL stock opened at $91.40 on Thursday. The firm has a 50 day simple moving average of $91.54 and a 200 day simple moving average of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.77.

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.