MCF Advisors LLC Has $8.32 Million Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

MCF Advisors LLC boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 17.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 91,055 shares of the company’s stock after buying an additional 13,282 shares during the quarter. MCF Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $8,321,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BIL. The Manufacturers Life Insurance Company acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth about $2,407,000. Main Street Financial Solutions LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock worth $948,000 after buying an additional 4,179 shares during the period. Quantinno Capital Management LP lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the 2nd quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock worth $12,412,000 after buying an additional 120,540 shares during the period. Karpus Management Inc. lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock valued at $669,000 after buying an additional 765 shares during the period. Finally, Darwin Wealth Management LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at $123,000.

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

BIL stock opened at $91.45 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 company’s fifty day simple moving average is $91.53 and its 200 day simple moving average is $91.51.

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.