JGP Wealth Management LLC Reduces Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

JGP Wealth Management LLC decreased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 90.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 2,635 shares of the company’s stock after selling 23,722 shares during the period. JGP Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $241,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Quarry LP bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at $36,000. Networth Advisors LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter worth $38,000. Imprint Wealth LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter valued at $44,000. Allspring Global Investments Holdings LLC boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock valued at $50,000 after purchasing an additional 116 shares during the period. Finally, Bessemer Group Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 199.5% during the first quarter. Bessemer Group Inc. now owns 599 shares of the company’s stock valued at $55,000 after purchasing an additional 399 shares during the period.

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

BIL stock opened at $91.45 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month high of $91.78. The firm’s 50-day moving average is $91.52 and its 200 day moving average is $91.52.

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.