Gateway Wealth Partners LLC Invests $10.63 Million in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Gateway Wealth Partners LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 115,847 shares of the company’s stock, valued at approximately $10,629,000. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 1.4% of Gateway Wealth Partners LLC’s portfolio, making the stock its 10th largest holding.

A number of other hedge funds have also made changes to their positions in the business. Vontobel Holding Ltd. boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.0% during the 2nd quarter. Vontobel Holding Ltd. now owns 57,411 shares of the company’s stock worth $5,266,000 after purchasing an additional 11,840 shares during the period. US Bancorp DE lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1,147.6% during the second quarter. US Bancorp DE now owns 88,981 shares of the company’s stock worth $8,162,000 after purchasing an additional 81,849 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 43.7% during the second quarter. Blair William & Co. IL now owns 32,474 shares of the company’s stock worth $2,979,000 after purchasing an additional 9,879 shares in the last quarter. Blue Trust Inc. boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 329.5% in the second quarter. Blue Trust Inc. now owns 2,633 shares of the company’s stock worth $241,000 after buying an additional 2,020 shares during the period. Finally, JNBA Financial Advisors grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.5% in the second quarter. JNBA Financial Advisors now owns 800,386 shares of the company’s stock valued at $73,419,000 after buying an additional 41,997 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.44 on Friday. The business’s 50-day simple moving average is $91.48 and its 200 day simple moving average is $91.57. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.78.

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.