Andina Capital Management LLC Cuts Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Andina Capital Management LLC lowered its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 54.5% in the first quarter, HoldingsChannel reports. The fund owned 11,144 shares of the company’s stock after selling 13,353 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 0.9% of Andina Capital Management LLC’s portfolio, making the stock its 28th largest position. Andina Capital Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,021,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Spire Wealth Management lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 301.1% during the 4th quarter. Spire Wealth Management now owns 55,293 shares of the company’s stock valued at $5,053,000 after buying an additional 41,506 shares in the last quarter. AllGen Financial Advisors Inc. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 20.3% in the 4th quarter. AllGen Financial Advisors Inc. now owns 135,282 shares of the company’s stock worth $12,362,000 after acquiring an additional 22,838 shares in the last quarter. Culbertson A N & Co. Inc. increased its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 56.0% during the fourth quarter. Culbertson A N & Co. Inc. now owns 37,057 shares of the company’s stock worth $3,386,000 after purchasing an additional 13,307 shares in the last quarter. Farther Finance Advisors LLC increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 31.3% during the 4th quarter. Farther Finance Advisors LLC now owns 407,901 shares of the company’s stock worth $37,274,000 after buying an additional 97,343 shares in the last quarter. Finally, Concord Wealth Partners raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 25.9% in the 4th quarter. Concord Wealth Partners now owns 45,019 shares of the company’s stock valued at $4,114,000 after purchasing an additional 9,254 shares during the last quarter.

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

Shares of BIL stock opened at $91.58 on Wednesday. The stock’s fifty day moving average is $91.53 and its two-hundred day moving average is $91.50. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.78.

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.