SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) Position Raised by Spinnaker Trust

Spinnaker Trust raised its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 243,083 shares of the company’s stock after buying an additional 5,373 shares during the quarter. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF accounts for approximately 1.5% of Spinnaker Trust’s holdings, making the stock its 15th biggest holding. Spinnaker Trust’s holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF were worth $22,215,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC bought a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the fourth quarter valued at $688,000. Clear Creek Financial Management LLC lifted its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 547.8% in the third quarter. Clear Creek Financial Management LLC now owns 713,772 shares of the company’s stock valued at $65,539,000 after buying an additional 603,585 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 19.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 1,686,485 shares of the company’s stock valued at $154,853,000 after buying an additional 274,858 shares during the last quarter. Headinvest LLC raised its stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 1.6% during the third quarter. Headinvest LLC now owns 17,633 shares of the company’s stock valued at $1,612,000 after purchasing an additional 281 shares in the last quarter. Finally, Patron Partners LLC raised its stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 14.4% during the third quarter. Patron Partners LLC now owns 6,031 shares of the company’s stock valued at $554,000 after purchasing an additional 759 shares in the last quarter.

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

Shares of NYSEARCA BIL remained flat at $91.76 during midday trading on Friday. 6,797,087 shares of the company were exchanged, compared to its average volume of 6,899,659. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a fifty-two week low of $91.21 and a fifty-two week high of $91.86. The stock’s 50 day moving average is $91.62 and its 200-day moving average is $91.59.

SPDR Bloomberg Barclays 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.