Great Diamond Partners LLC Invests $555,000 in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Great Diamond Partners LLC purchased a new position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,070 shares of the company’s stock, valued at approximately $555,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Spire Wealth Management raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 301.1% in the fourth quarter. Spire Wealth Management now owns 55,293 shares of the company’s stock valued at $5,053,000 after purchasing an additional 41,506 shares in the last quarter. AllGen Financial Advisors Inc. raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 20.3% in the fourth quarter. AllGen Financial Advisors Inc. now owns 135,282 shares of the company’s stock valued at $12,362,000 after purchasing an additional 22,838 shares in the last quarter. 12th Street Asset Management Company LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 19.5% in the third quarter. 12th Street Asset Management Company LLC now owns 594,971 shares of the company’s stock valued at $54,589,000 after purchasing an additional 97,245 shares in the last quarter. Cornerstone Wealth Group LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter valued at approximately $902,000. Finally, Fortis Capital Management LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 19.9% in the third quarter. Fortis Capital Management LLC now owns 57,433 shares of the company’s stock valued at $5,269,000 after purchasing an additional 9,536 shares in the last quarter.

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

Shares of BIL opened at $91.57 on Friday. The firm’s 50 day simple moving average is $91.53 and its 200 day simple moving average is $91.51. 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.