Kopion Asset Management LLC Grows Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Kopion Asset Management LLC increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 67.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,855 shares of the company’s stock after purchasing an additional 21,237 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 3.5% of Kopion Asset Management LLC’s holdings, making the stock its 15th biggest position. Kopion Asset Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,830,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Captrust Financial Advisors lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second 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 in the last quarter. AQR Capital Management LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% during the third quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after acquiring an additional 2,287,314 shares in the last quarter. Bank of America Corp DE raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after acquiring an additional 2,270,073 shares during the last quarter. ArrowMark Colorado Holdings LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 466.3% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,562,730 shares of the company’s stock worth $143,380,000 after acquiring an additional 1,286,774 shares during the last quarter. Finally, Synergy Asset Management LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 194.7% in the 3rd quarter. Synergy Asset Management LLC now owns 1,879,535 shares of the company’s stock valued at $172,422,000 after acquiring an additional 1,241,735 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.54 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78. The stock’s fifty day moving average price is $91.51 and its 200-day moving average price is $91.54.

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.