SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 19.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 4,552,647 shares of the company’s stock after selling 1,102,351 shares during the period. Envestnet Asset Management Inc. owned 0.99% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $417,705,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Captrust Financial Advisors lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after buying an additional 2,487,366 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after acquiring an additional 2,270,073 shares during the period. Synergy Asset Management LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 194.7% in the 3rd quarter. Synergy Asset Management LLC now owns 1,879,535 shares of the company’s stock valued at $172,422,000 after purchasing an additional 1,241,735 shares during the last quarter. Raymond James Financial Inc. raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% in the 2nd quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock valued at $370,693,000 after purchasing an additional 1,153,335 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 85.6% during the 2nd quarter. AQR Capital Management LLC now owns 2,209,801 shares of the company’s stock worth $202,705,000 after purchasing an additional 1,019,145 shares during the period.

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

Shares of SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.41 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78. The company’s fifty day moving average is $91.49 and its two-hundred day moving average is $91.57.

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.