Belpointe Asset Management LLC Sells 239,815 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Belpointe Asset Management LLC trimmed its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 53.4% in the third quarter, HoldingsChannel reports. The firm owned 209,052 shares of the company’s stock after selling 239,815 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up about 0.7% of Belpointe Asset Management LLC’s portfolio, making the stock its 26th largest position. Belpointe Asset Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $19,181,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth $25,000. City Holding Co. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% during the 3rd quarter. City Holding Co. now owns 310 shares of the company’s stock worth $28,000 after purchasing an additional 270 shares in the last quarter. MeadowBrook Investment Advisors LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth approximately $43,000. Ameriflex Group Inc. lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 205.1% in the second quarter. Ameriflex Group Inc. now owns 482 shares of the company’s stock valued at $44,000 after purchasing an additional 324 shares in the last quarter. Finally, GHP Investment Advisors Inc. lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 34.4% in the second quarter. GHP Investment Advisors Inc. now owns 586 shares of the company’s stock valued at $54,000 after purchasing an additional 150 shares in the last quarter.

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

Shares of NYSEARCA:BIL opened at $91.59 on Tuesday. The business’s 50 day moving average is $91.50 and its 200 day moving average is $91.57. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month 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.