SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by Beacon Capital Management Inc.

Beacon Capital Management Inc. cut its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 32.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 239,520 shares of the company’s stock after selling 116,073 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 1.1% of Beacon Capital Management Inc.’s investment portfolio, making the stock its 20th largest holding. Beacon Capital Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $21,971,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 13.6% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,963,456 shares of the company’s stock valued at $180,575,000 after acquiring an additional 234,799 shares in the last quarter. Sandhill Capital Partners LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.1% during the first quarter. Sandhill Capital Partners LLC now owns 1,325,659 shares of the company’s stock valued at $121,603,000 after purchasing an additional 273,998 shares during the period. Partners Capital Investment Group LLP raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 30.1% during the first quarter. Partners Capital Investment Group LLP now owns 2,812,458 shares of the company’s stock valued at $257,987,000 after purchasing an additional 650,315 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth about $18,506,000. Finally, Summit Financial LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 1st quarter valued at about $443,000.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.60 on Monday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.29 and a 52 week high of $91.78. The company’s 50-day moving average price is $91.59 and its two-hundred day moving average price is $91.60.

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.