Envestnet Portfolio Solutions Inc. Sells 95,823 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Envestnet Portfolio Solutions Inc. lessened its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 38.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 151,052 shares of the company’s stock after selling 95,823 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $13,842,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after purchasing an additional 2,438,044 shares in the last quarter. UBS Group AG raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% in the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after buying an additional 268,076 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% during the 4th quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after buying an additional 279,751 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. Finally, Assetmark Inc. boosted its stake in 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 buying an additional 4,246,874 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.51 on Thursday. The business’s fifty day moving average price is $91.52 and its two-hundred day moving average price is $91.52. 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.