Verdence Capital Advisors LLC Sells 129,314 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Verdence Capital Advisors LLC trimmed its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 17.8% during the third quarter, Holdings Channel.com reports. The firm owned 595,294 shares of the company’s stock after selling 129,314 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 2.3% of Verdence Capital Advisors LLC’s holdings, making the stock its 3rd largest position. Verdence Capital Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $54,553,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Baird Financial Group Inc. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 18.4% during the 2nd quarter. Baird Financial Group Inc. now owns 727,796 shares of the company’s stock worth $66,695,000 after purchasing an additional 113,318 shares in the last quarter. Lunt Capital Management Inc. raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 12.3% during the 2nd quarter. Lunt Capital Management Inc. now owns 89,266 shares of the company’s stock worth $8,180,000 after buying an additional 9,780 shares during the period. Momentum Wealth Planning LLC lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 146.1% in the first quarter. Momentum Wealth Planning LLC now owns 34,249 shares of the company’s stock valued at $3,139,000 after buying an additional 20,330 shares in the last quarter. Pennsylvania Capital Management Inc. ADV bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter valued at approximately $794,000. Finally, Hutchens & Kramer Investment Management Group LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at approximately $1,172,000.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.64 on Tuesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.77. The company has a 50 day moving average of $91.54 and a 200-day moving average of $91.53.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.