Ranch Capital Advisors Inc. Has $15.22 Million Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Ranch Capital Advisors Inc. reduced its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 5.0% in the 1st quarter, Holdings Channel reports. The firm owned 166,107 shares of the company’s stock after selling 8,829 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 5.5% of Ranch Capital Advisors Inc.’s investment portfolio, making the stock its biggest position. Ranch Capital Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $15,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after purchasing an additional 4,246,874 shares during the period. Corient Private Wealth LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% during the 4th quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock worth $389,433,000 after buying an additional 4,080,998 shares during the period. Captrust Financial Advisors lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after buying an additional 2,487,366 shares during the period. AQR Capital Management LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% in the 3rd quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after buying an additional 2,287,314 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in 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 buying an additional 2,270,073 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.55 on Friday. The business’s fifty day moving average price is $91.52 and its two-hundred day moving average price is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.78.

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.