Parallel Advisors LLC Acquires 9,158 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Parallel Advisors LLC lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 79.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 20,701 shares of the company’s stock after acquiring an additional 9,158 shares during the period. Parallel Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,897,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% in the first quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock valued at $1,729,480,000 after buying an additional 2,438,044 shares in the last quarter. UBS Group AG raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% during the fourth quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock worth $749,070,000 after acquiring an additional 268,076 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the fourth quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after acquiring an additional 279,751 shares during the last quarter. Captrust Financial Advisors lifted its holdings 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 acquiring an additional 2,487,366 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% in the 1st quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock valued at $523,019,000 after purchasing an additional 4,246,874 shares in the last quarter.

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

BIL opened at $91.45 on Friday. The company’s 50 day moving average is $91.52 and its 200-day moving average is $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year 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.