Pointe Capital Management LLC Makes New Investment in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Pointe Capital Management LLC acquired a new position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,363 shares of the company’s stock, valued at approximately $216,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriprise Financial Inc. increased its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 47.4% during the third quarter. Ameriprise Financial Inc. now owns 4,612,821 shares of the company’s stock worth $423,387,000 after buying an additional 1,484,395 shares during the period. Sandhill Capital Partners LLC increased its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 214.7% in the 4th quarter. Sandhill Capital Partners LLC now owns 1,372,439 shares of the company’s stock valued at $125,427,000 after buying an additional 936,339 shares during the period. Fortis Group Advisors LLC raised its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 17.3% during the 3rd quarter. Fortis Group Advisors LLC now owns 959,274 shares of the company’s stock worth $88,081,000 after buying an additional 141,557 shares during the last quarter. Brasada Capital Management LP lifted its stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 3.8% in the 3rd quarter. Brasada Capital Management LP now owns 507,526 shares of the company’s stock worth $46,459,000 after acquiring an additional 18,777 shares during the period. Finally, Bell Bank boosted its holdings in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 947.7% in the fourth quarter. Bell Bank now owns 417,803 shares of the company’s stock valued at $38,183,000 after acquiring an additional 377,924 shares in the last quarter.

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF Trading Up 0.0 %

NYSEARCA BIL traded up $0.01 during trading hours on Friday, hitting $91.48. 7,417,903 shares of the stock were exchanged, compared to its average volume of 7,100,305. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a 12-month low of $91.21 and a 12-month high of $91.86. The stock has a 50-day moving average of $91.62 and a 200 day moving average of $91.59.

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