AA Financial Advisors LLC Makes New $16.97 Million Investment in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

AA Financial Advisors LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 1st quarter, Holdings Channel.com reports. The fund acquired 185,228 shares of the company’s stock, valued at approximately $16,974,000. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 2.4% of AA Financial Advisors LLC’s portfolio, making the stock its 12th largest position.

A number of other institutional investors have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter worth about $2,407,000. Main Street Financial Solutions LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock valued at $948,000 after buying an additional 4,179 shares in the last quarter. Quantinno Capital Management LP increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% in the 2nd quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock worth $12,412,000 after acquiring an additional 120,540 shares during the last quarter. Karpus Management Inc. increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the 2nd quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after acquiring an additional 765 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $123,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Trading Up 0.0%

NYSEARCA BIL opened at $91.60 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.26 and a one year high of $91.78. The stock has a 50 day moving average price of $91.53 and a 200-day moving average price of $91.51.

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.