Clio Asset Management LLC Sells 25,406 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Clio Asset Management LLC cut its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 47.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,426 shares of the company’s stock after selling 25,406 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF makes up approximately 2.2% of Clio Asset Management LLC’s portfolio, making the stock its 16th biggest position. Clio Asset Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $2,605,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter valued at about $2,407,000. Main Street Financial Solutions LLC increased its holdings 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 purchasing an additional 4,179 shares in the last quarter. Quantinno Capital Management LP lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% in the second quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock valued at $12,412,000 after buying an additional 120,540 shares during the period. Karpus Management Inc. lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% in the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock valued at $669,000 after buying an additional 765 shares during the period. Finally, Darwin Wealth Management LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $123,000.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.60 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 stock’s 50 day moving average price is $91.53 and its two-hundred day moving average price is $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.