Baer Investment Advisory LLC Takes Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Baer Investment Advisory LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 141,027 shares of the company’s stock, valued at approximately $12,924,000. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 1.6% of Baer Investment Advisory LLC’s investment portfolio, making the stock its 15th largest position.

Several other large investors have also added to or reduced their stakes in BIL. Bank of America Corp DE increased its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the 2nd quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after purchasing an additional 2,270,073 shares during the period. UBS Group AG increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.4% during the fourth quarter. UBS Group AG now owns 8,197,313 shares of the company’s stock valued at $749,070,000 after buying an additional 268,076 shares during the period. Wells Fargo & Company MN raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.2% in the fourth quarter. Wells Fargo & Company MN now owns 6,985,142 shares of the company’s stock worth $638,302,000 after buying an additional 279,751 shares in the last quarter. Captrust Financial Advisors raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the second quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock worth $529,995,000 after buying an additional 2,487,366 shares in the last quarter. Finally, Capital Wealth Planning LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 4.7% in the fourth quarter. Capital Wealth Planning LLC now owns 4,808,345 shares of the company’s stock worth $439,386,000 after buying an additional 214,187 shares during the period.

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

SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.44 on Friday. The stock’s 50 day simple moving average is $91.53 and its two-hundred day simple moving average is $91.51. 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.