Prescott Group Capital Management L.L.C. Purchases 1,039,028 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Prescott Group Capital Management L.L.C. boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 5,024.3% during the 4th quarter, Holdings Channel reports. The fund owned 1,059,708 shares of the company’s stock after acquiring an additional 1,039,028 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 9.0% of Prescott Group Capital Management L.L.C.’s portfolio, making the stock its biggest holding. Prescott Group Capital Management L.L.C.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $96,836,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp raised its holdings in 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 acquiring an additional 119 shares in the last quarter. Westwind Capital acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter valued at approximately $28,000. GPS Wealth Strategies Group LLC raised its holdings 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 valued at $36,000 after acquiring an additional 126 shares in the last quarter. Imprint Wealth LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter valued at approximately $44,000. Finally, Fifth Third Bancorp raised its holdings 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 valued at $49,000 after acquiring an additional 515 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.57 on Thursday. The firm’s 50 day moving average price is $91.53 and its 200 day moving average price is $91.51. 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.

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.