Sacks & Associates LLC Makes New $6.22 Million Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Sacks & Associates LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 3rd quarter, Holdings Channel reports. The firm purchased 67,906 shares of the company’s stock, valued at approximately $6,223,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 4.4% of Sacks & Associates LLC’s portfolio, making the stock its 3rd biggest holding.

A number of other institutional investors also recently made changes to their positions in the stock. Assetmark Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after acquiring an additional 4,246,874 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% in the 4th quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock valued at $389,433,000 after purchasing an additional 4,080,998 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after purchasing an additional 2,438,044 shares during the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter worth about $202,198,000. Finally, Cetera Investment Advisers grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during the first quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock worth $398,538,000 after buying an additional 1,487,570 shares in the last quarter.

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

NYSEARCA:BIL opened at $91.51 on Friday. The firm has a 50 day simple moving average of $91.52 and a 200-day simple moving average of $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.

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.