Fourpath Capital Management LLC Sells 169,485 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Fourpath Capital Management LLC reduced its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 47.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 190,103 shares of the company’s stock after selling 169,485 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 2.5% of Fourpath Capital Management LLC’s investment portfolio, making the stock its 7th largest holding. Fourpath Capital Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $17,442,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in BIL. Bank of Nova Scotia boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 38.5% during the second quarter. Bank of Nova Scotia now owns 443,976 shares of the company’s stock valued at $40,724,000 after acquiring an additional 123,509 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter worth about $25,200,000. Hengehold Capital Management LLC lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.3% in the 2nd quarter. Hengehold Capital Management LLC now owns 19,001 shares of the company’s stock valued at $1,743,000 after purchasing an additional 956 shares during the last quarter. Lido Advisors LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 57.4% during the 2nd quarter. Lido Advisors LLC now owns 52,523 shares of the company’s stock valued at $4,818,000 after purchasing an additional 19,158 shares during the period. Finally, Wheelhouse Advisory Group LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 70,969 shares of the company’s stock worth $6,510,000 after purchasing an additional 2,868 shares during the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.30 on Tuesday. The firm’s 50 day moving average is $91.58 and its two-hundred day moving average is $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78.

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.