Rialto Wealth Management LLC Sells 16,724 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Rialto Wealth Management LLC cut its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 62.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 9,936 shares of the company’s stock after selling 16,724 shares during the period. Rialto Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $912,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of BIL. PNC Financial Services Group Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 21.7% during the third quarter. PNC Financial Services Group Inc. now owns 2,565 shares of the company’s stock valued at $235,000 after purchasing an additional 458 shares in the last quarter. Tower Wealth Partners Inc. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 33.7% in the 3rd quarter. Tower Wealth Partners Inc. now owns 4,724 shares of the company’s stock valued at $433,000 after buying an additional 1,192 shares during the last quarter. GenTrust LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 10.7% during the 3rd quarter. GenTrust LLC now owns 104,549 shares of the company’s stock worth $9,592,000 after buying an additional 10,091 shares in the last quarter. Capital CS Group LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.3% during the 3rd quarter. Capital CS Group LLC now owns 13,027 shares of the company’s stock worth $1,195,000 after buying an additional 540 shares in the last quarter. Finally, New Harbor Financial Group LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $527,000.

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

BIL stock opened at $91.51 on Monday. The business 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 12-month low of $91.26 and a 12-month high of $91.78.

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.