Richardson Financial Services Inc. Makes New $348,000 Investment in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Richardson Financial Services Inc. bought a new position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,810 shares of the company’s stock, valued at approximately $348,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its holdings in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 47.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,612,821 shares of the company’s stock worth $423,387,000 after acquiring an additional 1,484,395 shares during the period. Sandhill Capital Partners LLC raised its holdings in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 214.7% during the 4th quarter. Sandhill Capital Partners LLC now owns 1,372,439 shares of the company’s stock worth $125,427,000 after acquiring an additional 936,339 shares during the period. Fortis Group Advisors LLC raised its holdings in shares of 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 acquiring an additional 141,557 shares during the period. Polen Capital Management LLC purchased a new position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the 4th quarter worth $55,436,000. Finally, Brasada Capital Management LP raised its holdings in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 3.8% during 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.

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF Stock Up 0.1 %

Shares of NYSEARCA BIL traded up $0.05 during trading on Friday, hitting $91.62. 5,226,529 shares of the company were exchanged, compared to its average volume of 6,846,250. 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 company has a fifty day moving average price of $91.62 and a 200-day moving average price of $91.58.

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.