Saratoga Research & Investment Management Decreases Stock Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Saratoga Research & Investment Management decreased its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 8.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 225,181 shares of the company’s stock after selling 20,516 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 1.1% of Saratoga Research & Investment Management’s investment portfolio, making the stock its 26th largest position. Saratoga Research & Investment Management’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $20,577,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Atlantic Union Bankshares Corp increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the third quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after acquiring an additional 119 shares during the period. Westwind Capital purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter valued at about $28,000. GPS Wealth Strategies Group LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% in the third quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock valued at $36,000 after acquiring an additional 126 shares during the period. Imprint Wealth LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter valued at about $44,000. Finally, Fifth Third Bancorp increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% in the third quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock valued at $49,000 after acquiring an additional 515 shares during the period.

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

BIL stock opened at $91.53 on Friday. The firm’s 50-day moving average price is $91.52 and its two-hundred day moving average price is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78.

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.