Park Edge Advisors LLC Grows Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Park Edge Advisors LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 432.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 404,961 shares of the company’s stock after buying an additional 328,867 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 8.6% of Park Edge Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Park Edge Advisors LLC owned approximately 0.08% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $37,111,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in BIL. Ritholtz Wealth Management grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,553.9% during the 1st quarter. Ritholtz Wealth Management now owns 830,484 shares of the company’s stock worth $76,106,000 after acquiring an additional 799,191 shares during the last quarter. Global Financial Private Client LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at approximately $213,000. BTC Capital Management Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 193.4% during the first quarter. BTC Capital Management Inc. now owns 85,817 shares of the company’s stock valued at $7,863,000 after acquiring an additional 56,565 shares during the last quarter. Blue Trust Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 175.5% during the first quarter. Blue Trust Inc. now owns 15,026 shares of the company’s stock valued at $1,377,000 after acquiring an additional 9,572 shares during the last quarter. Finally, Brown Lisle Cummings Inc. lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 49.3% during the first quarter. Brown Lisle Cummings Inc. now owns 73,276 shares of the company’s stock worth $6,715,000 after purchasing an additional 24,180 shares during the period.

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

Shares of NYSEARCA:BIL opened at $91.59 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78. The firm’s fifty day moving average is $91.53 and its 200-day moving average is $91.51.

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.