Hilltop Holdings Inc. Purchases 43,020 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Hilltop Holdings Inc. raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 58.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,029 shares of the company’s stock after acquiring an additional 43,020 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 1.0% of Hilltop Holdings Inc.’s investment portfolio, making the stock its 15th largest position. Hilltop Holdings Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $10,725,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of BIL. Modern Wealth Management LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 17.8% in the first quarter. Modern Wealth Management LLC now owns 133,195 shares of the company’s stock worth $12,174,000 after buying an additional 20,114 shares in the last quarter. Aspen Grove Capital LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter worth approximately $261,000. Bank of Nova Scotia raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,116.0% in the 1st quarter. Bank of Nova Scotia now owns 285,729 shares of the company’s stock worth $26,186,000 after acquiring an additional 272,835 shares in the last quarter. Gibbs Wealth Management raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 43.6% in the 1st quarter. Gibbs Wealth Management now owns 100,526 shares of the company’s stock worth $9,212,000 after acquiring an additional 30,526 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.0% in the 1st quarter. Sei Investments Co. now owns 18,122 shares of the company’s stock valued at $1,661,000 after purchasing an additional 1,792 shares during the period.

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

NYSEARCA BIL opened at $91.61 on Friday. The stock’s 50 day moving average is $91.53 and its 200 day moving average is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month 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.