Axxcess Wealth Management LLC Trims Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Axxcess Wealth Management LLC lowered its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 17.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 750,239 shares of the company’s stock after selling 160,340 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for approximately 0.8% of Axxcess Wealth Management LLC’s portfolio, making the stock its 14th biggest position. Axxcess Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $68,557,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Solstein Capital LLC lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% during the fourth quarter. Solstein Capital LLC now owns 1,381 shares of the company’s stock worth $126,000 after purchasing an additional 115 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after acquiring an additional 116 shares in the last quarter. Tower Wealth Partners Inc. grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% in the 4th quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock worth $442,000 after acquiring an additional 117 shares in the last quarter. Verity Asset Management Inc. increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% in the 3rd quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock valued at $226,000 after acquiring an additional 117 shares during the last quarter. Finally, Triad Wealth Partners LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.8% in the 4th quarter. Triad Wealth Partners LLC now owns 7,162 shares of the company’s stock valued at $654,000 after acquiring an additional 126 shares during the last quarter.

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

BIL stock opened at $91.57 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78. The stock’s 50 day simple moving average is $91.52 and its 200 day simple moving average is $91.50.

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.