Titan Investment Management LLC Purchases New Shares in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Titan Investment Management LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 111,071 shares of the company’s stock, valued at approximately $10,150,000. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 9.2% of Titan Investment Management LLC’s investment portfolio, making the stock its 2nd biggest position.

A number of other institutional investors have also recently bought and sold shares of the business. Macco Financial Group Inc. bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at $2,552,000. Stone Wealth Partners bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at $2,926,000. Walser Wealth Management Company A Ltd Liability Co bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at $1,453,000. SB Capital Management Inc bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at $1,251,000. Finally, Van Diest Capital LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter valued at about $259,000.

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

BIL opened at $91.52 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78. The company’s 50-day moving average price is $91.52 and its two-hundred day moving average price is $91.50.

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.