Pine Valley Investments Ltd Liability Co boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report) by 63.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 81,937 shares of the company’s stock after purchasing an additional 31,831 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $7,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently added to or reduced their stakes in BIL. Town Capital LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 25.0% in the first quarter. Town Capital LLC now owns 2,936 shares of the company’s stock valued at $269,000 after purchasing an additional 588 shares during the period. Parallel Advisors LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 79.3% during the first quarter. Parallel Advisors LLC now owns 20,701 shares of the company’s stock worth $1,897,000 after buying an additional 9,158 shares during the period. NewEdge Advisors LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 20.8% during the first quarter. NewEdge Advisors LLC now owns 461,216 shares of the company’s stock worth $42,266,000 after buying an additional 79,464 shares during the period. Financial Solutions Advisory Group Inc. bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter worth approximately $4,270,000. Finally, Lavelle Capital LP bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter worth approximately $701,000.
SPDR Bloomberg 1-3 Month T-Bill ETF Stock Performance
BIL opened at $91.68 on Monday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month high of $91.78. The stock’s 50 day moving average price is $91.54 and its 200 day moving average price is $91.53.
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.
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Want to see what other hedge funds are holding BIL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report).
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