SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Position Reduced by Fortis Group Advisors LLC

Fortis Group Advisors LLC lessened its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 26.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 279,437 shares of the company’s stock after selling 99,874 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for 4.4% of Fortis Group Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Fortis Group Advisors LLC owned 0.06% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $25,610,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in BIL. Atlantic Union Bankshares Corp increased its position 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 acquiring an additional 119 shares during the period. Westwind Capital purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the fourth quarter valued at about $28,000. GPS Wealth Strategies Group LLC increased its position in shares of 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 during the period. Imprint Wealth LLC purchased a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter valued at about $44,000. Finally, Fifth Third Bancorp increased its position in shares of 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 during the period.

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

BIL stock opened at $91.57 on Thursday. The firm’s 50-day moving average price is $91.53 and its two-hundred day moving average price is $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.

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.