SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock: Integrated Advisors Network LLC Cuts Position

Integrated Advisors Network LLC trimmed its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 35.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 235,663 shares of the company’s stock after selling 127,729 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 1.0% of Integrated Advisors Network LLC’s investment portfolio, making the stock its 15th biggest position. Integrated Advisors Network LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $21,596,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after purchasing an additional 2,438,044 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after purchasing an additional 4,246,874 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during the first quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock valued at $398,538,000 after purchasing an additional 1,487,570 shares in the last quarter. USA Financial Formulas purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter valued at $300,320,000. Finally, Counterpoint Mutual Funds LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter valued at $294,583,000.

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

NYSEARCA BIL opened at $91.58 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.77. The stock has a 50-day moving average of $91.53 and a 200 day moving average of $91.53.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.