Raleigh Capital Management Inc. Buys 28,622 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Raleigh Capital Management Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 806.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 32,172 shares of the company’s stock after purchasing an additional 28,622 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 1.1% of Raleigh Capital Management Inc.’s holdings, making the stock its 19th largest position. Raleigh Capital Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,952,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth approximately $25,000. Atlantic Union Bankshares Corp boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the third quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after purchasing an additional 119 shares during the period. City Holding Co. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% in the third quarter. City Holding Co. now owns 310 shares of the company’s stock worth $28,000 after purchasing an additional 270 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock worth $36,000 after purchasing an additional 126 shares during the period. Finally, MeadowBrook Investment Advisors LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth $43,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Down 0.3%

Shares of NYSEARCA BIL opened at $91.39 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78. The business has a fifty day simple moving average of $91.50 and a two-hundred day simple moving average of $91.57.

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.