Marathon Capital Management Boosts Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Marathon Capital Management grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 7.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 210,769 shares of the company’s stock after acquiring an additional 15,323 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 3.9% of Marathon Capital Management’s investment portfolio, making the stock its 3rd largest holding. Marathon Capital Management’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $19,315,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Lavelle Capital LP raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1,532.4% during the second quarter. Lavelle Capital LP now owns 124,881 shares of the company’s stock worth $11,444,000 after purchasing an additional 117,231 shares during the period. Biltmore Wealth Management LLC grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 92.0% in the 2nd quarter. Biltmore Wealth Management LLC now owns 119,366 shares of the company’s stock valued at $10,939,000 after purchasing an additional 57,196 shares during the period. HighRoad Wealth Advisors LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 16.6% during the 2nd quarter. HighRoad Wealth Advisors LLC now owns 136,787 shares of the company’s stock worth $12,535,000 after purchasing an additional 19,470 shares in the last quarter. TriaGen Wealth Management LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 36.4% during the 2nd quarter. TriaGen Wealth Management LLC now owns 48,694 shares of the company’s stock worth $4,462,000 after purchasing an additional 12,994 shares in the last quarter. Finally, Leavell Investment Management Inc. raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 10.2% during the 2nd quarter. Leavell Investment Management Inc. now owns 10,845 shares of the company’s stock worth $994,000 after buying an additional 1,000 shares during the period.

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

Shares of BIL opened at $91.51 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78. The firm’s 50 day moving average price is $91.53 and its two-hundred day moving average price is $91.52.

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.