Apollon Wealth Management LLC Buys 50,249 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Apollon Wealth Management LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 86.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 108,047 shares of the company’s stock after purchasing an additional 50,249 shares during the quarter. Apollon Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $9,913,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in BIL. Capital & Planning LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.4% in the second quarter. Capital & Planning LLC now owns 10,239 shares of the company’s stock worth $939,000 after acquiring an additional 141 shares in the last quarter. Thompson Davis & CO. Inc. lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 1.5% during the second quarter. Thompson Davis & CO. Inc. now owns 9,595 shares of the company’s stock worth $880,000 after purchasing an additional 145 shares during the last quarter. GHP Investment Advisors Inc. boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% in the 2nd quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock worth $54,000 after purchasing an additional 150 shares in the last quarter. Hollencrest Capital Management boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 11.4% in the 2nd quarter. Hollencrest Capital Management now owns 1,533 shares of the company’s stock worth $141,000 after purchasing an additional 157 shares in the last quarter. Finally, Channel Wealth LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 0.4% during the 3rd quarter. Channel Wealth LLC now owns 42,302 shares of the company’s stock valued at $3,881,000 after purchasing an additional 162 shares during the last quarter.

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

Shares of NYSEARCA BIL opened at $91.36 on Friday. The stock’s 50-day moving average is $91.56 and its 200 day moving average is $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78.

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.