SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Purchased by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 26.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 29,606 shares of the company’s stock after buying an additional 6,212 shares during the period. Pinnacle Associates Ltd.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,716,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Mesirow Financial Investment Management Inc. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 50.2% in the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 6,305 shares of the company’s stock worth $578,000 after buying an additional 2,108 shares during the last quarter. UNIVEST FINANCIAL Corp acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth about $9,745,000. One Day In July LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.8% in the 2nd quarter. One Day In July LLC now owns 89,683 shares of the company’s stock valued at $8,227,000 after purchasing an additional 4,924 shares in the last quarter. MeadowBrook Investment Advisors LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at about $43,000. Finally, Buck Wealth Strategies LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at about $201,000.

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

NYSEARCA BIL opened at $91.76 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.29 and a 1-year high of $91.80. The business’s 50-day simple moving average is $91.63 and its 200-day simple moving average is $91.61.

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.