SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by Sovereign Investment Advisors LLC

Sovereign Investment Advisors LLC lowered its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 9.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,855 shares of the company’s stock after selling 5,920 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 1.0% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Sovereign Investment Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $5,394,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mid American Wealth Advisory Group Inc. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 9.6% in the 2nd quarter. Mid American Wealth Advisory Group Inc. now owns 90,233 shares of the company’s stock worth $8,269,000 after buying an additional 7,940 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $1,172,000. Angeles Wealth Management LLC raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 28.5% during the second quarter. Angeles Wealth Management LLC now owns 1,009 shares of the company’s stock valued at $92,000 after acquiring an additional 224 shares during the last quarter. Noble Wealth Partners LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at approximately $419,000. Finally, Advisory Solutions Group LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at approximately $386,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

Shares of NYSEARCA:BIL opened at $91.45 on Friday. The business’s 50 day moving average price is $91.53 and its 200-day moving average price is $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.77.

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.