Cornerstone Advisors Asset Management LLC Buys 5,462 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Cornerstone Advisors Asset Management LLC increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 73.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,871 shares of the company’s stock after purchasing an additional 5,462 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,180,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Westwind Capital acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the fourth quarter worth $28,000. Quarry LP acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter valued at $36,000. Networth Advisors LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 1st quarter valued at $38,000. Imprint Wealth LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter valued at $44,000. Finally, Allspring Global Investments Holdings LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after acquiring an additional 116 shares during the last quarter.

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

Shares of BIL opened at $91.55 on Monday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78. The business has a 50-day simple moving average of $91.52 and a two-hundred day simple moving average of $91.51.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.