Hsbc Holdings PLC Sells 26,350 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Hsbc Holdings PLC decreased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 10.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 215,960 shares of the company’s stock after selling 26,350 shares during the period. Hsbc Holdings PLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $19,734,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Westwind Capital bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter valued at about $28,000. Quarry LP bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter worth approximately $36,000. Imprint Wealth LLC purchased a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter worth approximately $44,000. Allspring Global Investments Holdings LLC boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after buying an additional 116 shares in the last quarter. Finally, Optima Capital LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the fourth quarter valued at approximately $61,000.

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

BIL stock opened at $91.45 on Wednesday. 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 company’s 50 day moving average price is $91.52 and its two-hundred 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.