Assetmark Inc. Raises Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Assetmark Inc. increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 290.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,707,321 shares of the company’s stock after acquiring an additional 4,246,874 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 1.1% of Assetmark Inc.’s holdings, making the stock its 19th largest position. Assetmark Inc. owned approximately 1.12% of SPDR Bloomberg 1-3 Month T-Bill ETF worth $523,019,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BIL. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter valued at $10,007,000. Bessemer Group Inc. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 199.5% in the first quarter. Bessemer Group Inc. now owns 599 shares of the company’s stock valued at $55,000 after buying an additional 399 shares in the last quarter. Independent Financial Group LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the first quarter worth about $8,629,000. Prosperity Consulting Group LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 242.9% in the first quarter. Prosperity Consulting Group LLC now owns 41,854 shares of the company’s stock worth $3,836,000 after acquiring an additional 29,648 shares during the period. Finally, Wealthfront Advisers LLC boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 23.5% during the 1st quarter. Wealthfront Advisers LLC now owns 241,853 shares of the company’s stock worth $22,163,000 after acquiring an additional 46,018 shares in the last quarter.

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

BIL stock opened at $91.53 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.78. The company’s 50-day simple moving average is $91.52 and its 200-day simple moving average is $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.