Pacific Point Advisors LLC Sells 59,932 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Pacific Point Advisors LLC lessened its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 18.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 265,502 shares of the company’s stock after selling 59,932 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 14.2% of Pacific Point Advisors LLC’s holdings, making the stock its biggest holding. Pacific Point Advisors LLC owned about 0.06% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $24,360,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of BIL. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $25,000. Atlantic Union Bankshares Corp increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% during 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 last quarter. City Holding Co. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% in the 3rd quarter. City Holding Co. now owns 310 shares of the company’s stock worth $28,000 after buying an additional 270 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock valued at $36,000 after buying an additional 126 shares during the period. Finally, MeadowBrook Investment Advisors LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth about $43,000.

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

NYSEARCA:BIL opened at $91.51 on Friday. The stock has a 50 day moving average of $91.47 and a 200-day moving average of $91.56. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week 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.