KG Capital Management Acquires 6,899 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

KG Capital Management boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 9.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,040 shares of the company’s stock after purchasing an additional 6,899 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 4.8% of KG Capital Management’s holdings, making the stock its 2nd largest holding. KG Capital Management’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $7,426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Compass Financial Management LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth about $34,000. Networth Advisors LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter worth approximately $38,000. XP Advisory US Inc. acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth approximately $41,000. Trust Co. of Vermont purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $44,000. Finally, First Bancorp Inc ME purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $46,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Performance

Shares of BIL opened at $91.52 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.77. The stock has a 50 day moving average price of $91.53 and a 200 day moving average price of $91.53.

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.