SPDR Bloomberg 1-3 Month T-Bill ETF $BIL is Beam Wealth Advisors Inc.’s 10th Largest Position

Beam Wealth Advisors Inc. cut its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 24.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,259 shares of the company’s stock after selling 26,803 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 1.9% of Beam Wealth Advisors Inc.’s portfolio, making the stock its 10th biggest position. Beam Wealth Advisors Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $7,722,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at approximately $2,407,000. Main Street Financial Solutions LLC lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% in the second quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock worth $948,000 after acquiring an additional 4,179 shares during the last quarter. Quantinno Capital Management LP grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during 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 in the last quarter. Karpus Management Inc. grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% during 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 in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at approximately $123,000.

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

Shares of BIL opened at $91.45 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78. The firm’s fifty day simple moving average is $91.52 and its 200-day simple moving average is $91.50.

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.