MeadowBrook Investment Advisors LLC Takes Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

MeadowBrook Investment Advisors LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 474 shares of the company’s stock, valued at approximately $43,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bessemer Group Inc. acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at approximately $59,000. Golden State Wealth Management LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 151.1% in the first quarter. Golden State Wealth Management LLC now owns 3,840 shares of the company’s stock valued at $352,000 after acquiring an additional 2,311 shares in the last quarter. Hengehold Capital Management LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.3% in the second quarter. Hengehold Capital Management LLC now owns 19,001 shares of the company’s stock valued at $1,743,000 after acquiring an additional 956 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 96.7% in the first quarter. Bank of New York Mellon Corp now owns 412,409 shares of the company’s stock valued at $37,830,000 after acquiring an additional 202,710 shares in the last quarter. Finally, Wheelhouse Advisory Group LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the second quarter. Wheelhouse Advisory Group LLC now owns 70,969 shares of the company’s stock valued at $6,510,000 after acquiring an additional 2,868 shares in the last quarter.

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

BIL stock opened at $91.74 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.29 and a twelve month high of $91.80. The company’s 50 day moving average is $91.63 and its two-hundred day moving average is $91.60.

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.