BTC Capital Management Inc. Cuts Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

BTC Capital Management Inc. decreased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 63.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,252 shares of the company’s stock after selling 51,792 shares during the period. BTC Capital Management Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,676,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of BIL. Bank of Nova Scotia grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 38.5% in the second quarter. Bank of Nova Scotia now owns 443,976 shares of the company’s stock valued at $40,724,000 after purchasing an additional 123,509 shares during the last quarter. Spire Wealth Management lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 301.1% during the fourth quarter. Spire Wealth Management now owns 55,293 shares of the company’s stock valued at $5,053,000 after buying an additional 41,506 shares during the last quarter. Lpwm LLC boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 71.4% in the 3rd quarter. Lpwm LLC now owns 34,490 shares of the company’s stock valued at $3,164,000 after buying an additional 14,367 shares in the last quarter. Bricktown Capital LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter valued at about $2,064,000. Finally, Lido Advisors LLC grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 57.4% in the 2nd quarter. Lido Advisors LLC now owns 52,523 shares of the company’s stock worth $4,818,000 after buying an additional 19,158 shares during the last quarter.

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

NYSEARCA BIL opened at $91.64 on Wednesday. The company has a 50 day moving average price of $91.52 and a 200 day moving average price of $91.54. 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.