Cairn Investment Group Inc. Buys 31,765 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Cairn Investment Group Inc. grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 30.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 137,640 shares of the company’s stock after buying an additional 31,765 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 5.4% of Cairn Investment Group Inc.’s portfolio, making the stock its 4th biggest position. Cairn Investment Group Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $12,613,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealthcare Capital Management LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.6% during the second quarter. Wealthcare Capital Management LLC now owns 6,989 shares of the company’s stock worth $640,000 after buying an additional 112 shares during the period. Solstein Capital LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% in the fourth quarter. Solstein Capital LLC now owns 1,381 shares of the company’s stock valued at $126,000 after acquiring an additional 115 shares in the last quarter. Verity Asset Management Inc. lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% in the third quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock worth $226,000 after acquiring an additional 117 shares during the last quarter. IFC & Insurance Marketing Inc. lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.2% in the first quarter. IFC & Insurance Marketing Inc. now owns 4,219 shares of the company’s stock worth $387,000 after acquiring an additional 131 shares during the last quarter. Finally, Summit Financial Strategies Inc. lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.6% in the first quarter. Summit Financial Strategies Inc. now owns 4,015 shares of the company’s stock worth $368,000 after acquiring an additional 141 shares during the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Trading Down 0.3%

NYSEARCA BIL opened at $91.39 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.77. The firm has a 50 day moving average of $91.54 and a two-hundred day moving average of $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.