Financial Management Professionals Inc. Increases Holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Financial Management Professionals Inc. increased its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 8,668.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 220,435 shares of the company’s stock after buying an additional 217,921 shares during the quarter. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF makes up about 2.5% of Financial Management Professionals Inc.’s portfolio, making the stock its 13th largest position. Financial Management Professionals Inc.’s holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF were worth $20,154,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 7.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,618 shares of the company’s stock valued at $239,000 after purchasing an additional 189 shares in the last quarter. Toronto Dominion Bank grew its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 15.4% during the third quarter. Toronto Dominion Bank now owns 2,198 shares of the company’s stock worth $202,000 after buying an additional 294 shares in the last quarter. Janney Capital Management LLC grew its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 6.8% during the third quarter. Janney Capital Management LLC now owns 4,681 shares of the company’s stock worth $430,000 after buying an additional 300 shares in the last quarter. First International Bank & Trust grew its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 0.5% during the third quarter. First International Bank & Trust now owns 68,981 shares of the company’s stock worth $6,333,000 after buying an additional 376 shares in the last quarter. Finally, Richardson Financial Services Inc. grew its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 6.5% during the third quarter. Richardson Financial Services Inc. now owns 6,360 shares of the company’s stock worth $584,000 after buying an additional 386 shares in the last quarter.

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

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF stock opened at $91.63 on Friday. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a 52 week low of $91.29 and a 52 week high of $91.83. The business has a 50-day simple moving average of $91.55 and a 200 day simple moving average of $91.60.

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.