SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock Position Reduced by Beacon Financial Group

Beacon Financial Group trimmed its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 5.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 249,666 shares of the company’s stock after selling 13,491 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 2.3% of Beacon Financial Group’s investment portfolio, making the stock its 7th biggest position. Beacon Financial Group’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $22,879,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in BIL. Solstein Capital LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 9.1% during the 4th 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 lifted its position 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 valued at $50,000 after buying an additional 116 shares during the last quarter. Tower Wealth Partners Inc. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% during the fourth quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock worth $442,000 after buying an additional 117 shares during the period. Verity Asset Management Inc. boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% during the third quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock worth $226,000 after buying an additional 117 shares during the period. Finally, Triad Wealth Partners LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 1.8% during the fourth 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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.46 on Friday. The company’s 50 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 has a 1 year low of $91.26 and a 1 year high of $91.78.

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.