Evergreen Capital Management LLC Sells 1,162,372 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Evergreen Capital Management LLC decreased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 99.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,496 shares of the company’s stock after selling 1,162,372 shares during the quarter. Evergreen Capital Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $687,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st 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. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in 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 during the last quarter. Cetera Investment Advisers grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% in 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 during the last quarter. USA Financial Formulas purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter valued at about $300,320,000. Finally, Counterpoint Mutual Funds LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter worth about $294,583,000.

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

NYSEARCA:BIL opened at $91.67 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.77. The company’s 50-day simple moving average is $91.55 and its 200-day simple moving average is $91.53.

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.