Pointe Capital Management LLC Buys 2,114 Shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Pointe Capital Management LLC boosted its holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 36.6% in the third quarter, Holdings Channel reports. The institutional investor owned 7,884 shares of the company’s stock after acquiring an additional 2,114 shares during the quarter. Pointe Capital Management LLC’s holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF were worth $724,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Karpus Management Inc. grew its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 2.6% in the first quarter. Karpus Management Inc. now owns 5,000 shares of the company’s stock worth $459,000 after acquiring an additional 125 shares in the last quarter. AdvisorNet Financial Inc raised its stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 9.3% during the second quarter. AdvisorNet Financial Inc now owns 1,863 shares of the company’s stock valued at $171,000 after acquiring an additional 158 shares during the last quarter. Strategic Blueprint LLC raised its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 0.3% in the second quarter. Strategic Blueprint LLC now owns 78,393 shares of the company’s stock worth $7,195,000 after buying an additional 200 shares in the last quarter. First International Bank & Trust raised its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 0.5% in 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, Lowe Wealth Advisors LLC raised its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 99.5% in the second quarter. Lowe Wealth Advisors LLC now owns 758 shares of the company’s stock worth $70,000 after buying an additional 378 shares in the last quarter.

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

BIL traded up $0.04 during midday trading on Friday, reaching $91.75. The company’s stock had a trading volume of 6,048,352 shares, compared to its average volume of 6,949,329. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a 1 year low of $91.21 and a 1 year high of $91.85. The stock’s 50-day moving average is $91.65 and its 200-day moving average is $91.63.

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

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.