Lumbard & Kellner LLC Has $14.06 Million Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Lumbard & Kellner LLC decreased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 11.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 153,870 shares of the company’s stock after selling 20,016 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 4.9% of Lumbard & Kellner LLC’s holdings, making the stock its 2nd largest position. Lumbard & Kellner LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $14,061,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in 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 in the last quarter. UBS Group AG raised its holdings in shares of 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 valued at $749,070,000 after purchasing an additional 268,076 shares in the last quarter. Captrust Financial Advisors raised its holdings 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 valued at $529,995,000 after purchasing an additional 2,487,366 shares in the last quarter. Capital Wealth Planning LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 10.9% in the 3rd quarter. Capital Wealth Planning LLC now owns 4,594,158 shares of the company’s stock valued at $421,514,000 after purchasing an additional 452,437 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% in the 3rd 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 in the last quarter.

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

NYSEARCA:BIL opened at $91.44 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.78. The firm has a 50-day simple moving average of $91.52 and a 200-day simple moving average of $91.53.

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.