SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Position Lifted by Cypress Capital LLC

Cypress Capital LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 13.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 396,462 shares of the company’s stock after buying an additional 46,901 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 10.1% of Cypress Capital LLC’s investment portfolio, making the stock its 2nd largest position. Cypress Capital LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $36,229,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BIL. The Manufacturers Life Insurance Company purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at approximately $2,407,000. Main Street Financial Solutions LLC raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% during the second quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock valued at $948,000 after purchasing an additional 4,179 shares during the period. Quantinno Capital Management LP raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the second quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock valued at $12,412,000 after purchasing an additional 120,540 shares during the period. Karpus Management Inc. raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% during the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock valued at $669,000 after purchasing an additional 765 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter valued at approximately $123,000.

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

Shares of NYSEARCA:BIL opened at $91.57 on Thursday. The company has a fifty day simple moving average of $91.53 and a 200 day simple moving average of $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78.

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.