Ieq Capital LLC Has $366.48 Million Stock Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Ieq Capital LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 26.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,010,468 shares of the company’s stock after buying an additional 845,816 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up 1.1% of Ieq Capital LLC’s investment portfolio, making the stock its 11th biggest position. Ieq Capital LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $366,477,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BIL. Captrust Financial Advisors boosted its position in 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 valued at $529,995,000 after buying an additional 2,487,366 shares in the last quarter. AQR Capital Management LLC boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.5% in the third quarter. AQR Capital Management LLC now owns 4,497,115 shares of the company’s stock valued at $412,610,000 after buying an additional 2,287,314 shares in the last quarter. Bank of America Corp DE boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% in the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after buying an additional 2,270,073 shares in the last quarter. ArrowMark Colorado Holdings LLC boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 466.3% in the third quarter. ArrowMark Colorado Holdings LLC now owns 1,562,730 shares of the company’s stock valued at $143,380,000 after buying an additional 1,286,774 shares in the last quarter. Finally, 3EDGE Asset Management LP boosted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 103.4% in the fourth quarter. 3EDGE Asset Management LP now owns 2,448,032 shares of the company’s stock valued at $223,695,000 after buying an additional 1,244,528 shares in the last quarter.

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

Shares of SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.51 on Friday. 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. The company’s 50 day moving average price is $91.51 and its two-hundred day moving average price is $91.51.

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.