Sequoia Financial Advisors LLC Buys 14,528 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Sequoia Financial Advisors LLC boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 50.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 43,136 shares of the company’s stock after buying an additional 14,528 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,953,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westwind Capital acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter valued at about $28,000. Quarry LP acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter worth approximately $36,000. Networth Advisors LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth approximately $38,000. Imprint Wealth LLC bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter valued at approximately $44,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock valued at $50,000 after acquiring an additional 116 shares during the last quarter.

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

NYSEARCA:BIL opened at $91.50 on Tuesday. The company has a 50 day simple moving average of $91.51 and a two-hundred day simple moving average of $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week 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.