Counterpoint Mutual Funds LLC Buys Shares of 2,206,436 SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Counterpoint Mutual Funds LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the first quarter, HoldingsChannel.com reports. The fund bought 2,206,436 shares of the company’s stock, valued at approximately $202,198,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 30.4% of Counterpoint Mutual Funds LLC’s holdings, making the stock its largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Solstein Capital LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% in the 4th quarter. Solstein Capital LLC now owns 1,381 shares of the company’s stock valued at $126,000 after acquiring an additional 115 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in 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 last quarter. Verity Asset Management Inc. grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% during the 3rd quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock worth $226,000 after purchasing an additional 117 shares during the period. Tower Wealth Partners Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% during the 4th quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock valued at $442,000 after buying an additional 117 shares during the last quarter. Finally, Triad Wealth Partners LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.8% in the 4th quarter. Triad Wealth Partners LLC now owns 7,162 shares of the company’s stock valued at $654,000 after buying an additional 126 shares during the period.

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

Shares of NYSEARCA:BIL opened at $91.44 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 business has a 50 day moving average of $91.53 and a two-hundred day moving average of $91.51.

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.