Marathon Capital Management Raises Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Marathon Capital Management raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 222.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 122,573 shares of the company’s stock after purchasing an additional 84,528 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 2.6% of Marathon Capital Management’s investment portfolio, making the stock its 6th biggest holding. Marathon Capital Management’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $11,246,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter worth approximately $25,000. Atlantic Union Bankshares Corp raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the third quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after purchasing an additional 119 shares in the last quarter. City Holding Co. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% in the third quarter. City Holding Co. now owns 310 shares of the company’s stock valued at $28,000 after purchasing an additional 270 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% in the third quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock worth $36,000 after purchasing an additional 126 shares during the period. Finally, Fifth Third Bancorp lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% in the third quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock worth $49,000 after purchasing an additional 515 shares during the period.

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

Shares of SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.51 on Friday. The company’s fifty day moving average price is $91.50 and its two-hundred day moving average price is $91.55. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-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.