Summa Corp. Invests $444,000 in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Summa Corp. bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,843 shares of the company’s stock, valued at approximately $444,000.

Other institutional investors have also recently made changes to their positions in the company. Bessemer Group Inc. bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter worth $59,000. Golden State Wealth Management LLC grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 151.1% in the 1st quarter. Golden State Wealth Management LLC now owns 3,840 shares of the company’s stock worth $352,000 after acquiring an additional 2,311 shares in the last quarter. Hengehold Capital Management LLC grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.3% in the 2nd quarter. Hengehold Capital Management LLC now owns 19,001 shares of the company’s stock worth $1,743,000 after acquiring an additional 956 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 96.7% in the 1st quarter. Bank of New York Mellon Corp now owns 412,409 shares of the company’s stock worth $37,830,000 after buying an additional 202,710 shares during the last quarter. Finally, Wheelhouse Advisory Group LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 70,969 shares of the company’s stock worth $6,510,000 after buying an additional 2,868 shares during the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.57 on Friday. The company’s 50-day moving average is $91.60 and its 200 day moving average is $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.29 and a fifty-two week high of $91.80.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.