Cornerstone Advisors Asset Management LLC Acquires 5,462 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Cornerstone Advisors Asset Management LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 73.7% in the 1st quarter, HoldingsChannel reports. The fund owned 12,871 shares of the company’s stock after acquiring an additional 5,462 shares during the period. Cornerstone Advisors Asset Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,180,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of BIL. Solstein Capital LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% during the fourth quarter. Solstein Capital LLC now owns 1,381 shares of the company’s stock worth $126,000 after purchasing an additional 115 shares during the period. Allspring Global Investments Holdings LLC increased 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 period. Tower Wealth Partners Inc. raised its position in 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 worth $442,000 after purchasing an additional 117 shares during the last quarter. Verity Asset Management Inc. raised 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 last quarter. Finally, Triad Wealth Partners LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.8% during the 4th quarter. Triad Wealth Partners LLC now owns 7,162 shares of the company’s stock worth $654,000 after buying an additional 126 shares during the period.

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

NYSEARCA BIL opened at $91.55 on Monday. The business’s 50-day moving average price is $91.52 and its two-hundred day moving average price is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month high of $91.78.

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.