Malaga Cove Capital LLC Raises Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Malaga Cove Capital LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 16.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 98,147 shares of the company’s stock after buying an additional 14,216 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises about 2.9% of Malaga Cove Capital LLC’s investment portfolio, making the stock its 7th biggest position. Malaga Cove Capital LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $8,994,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Twin Lakes Capital Management LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2.7% in the 4th quarter. Twin Lakes Capital Management LLC now owns 374,717 shares of the company’s stock valued at $34,242,000 after buying an additional 9,811 shares in the last quarter. TKG Advisors LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 23.1% in the fourth quarter. TKG Advisors LLC now owns 96,701 shares of the company’s stock valued at $8,837,000 after acquiring an additional 18,120 shares during the period. Dean Jacobson Financial Services LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.4% in the fourth quarter. Dean Jacobson Financial Services LLC now owns 273,248 shares of the company’s stock valued at $24,969,000 after acquiring an additional 6,453 shares during the period. Concord Wealth Partners grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 25.9% in the fourth quarter. Concord Wealth Partners now owns 45,019 shares of the company’s stock valued at $4,114,000 after acquiring an additional 9,254 shares in the last quarter. Finally, Cairn Investment Group Inc. acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter valued at about $7,386,000.

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

NYSEARCA:BIL opened at $91.51 on Friday. 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 50-day simple moving average is $91.53 and its 200 day simple moving average is $91.52.

SPDR Bloomberg 1-3 Month T-Bill ETF Profile

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.