Fund Advisors of America Inc FL Takes Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Fund Advisors of America Inc FL purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 8,094 shares of the company’s stock, valued at approximately $740,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after acquiring an additional 2,270,073 shares during the last quarter. UBS Group AG lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% in the 4th quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock valued at $749,070,000 after purchasing an additional 268,076 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the 4th quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock valued at $638,302,000 after purchasing an additional 279,751 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after purchasing an additional 2,487,366 shares during the period. Finally, Capital Wealth Planning LLC grew its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% during the 4th quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock worth $439,386,000 after purchasing an additional 214,187 shares during the period.

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

Shares of BIL 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 company’s 50-day moving average price is $91.53 and its 200 day moving average price 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.