SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) Sees Unusually-High Trading Volume

Shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) saw an uptick in trading volume on Friday . 1,891,851 shares traded hands during trading, a decline of 72% from the previous session’s volume of 6,684,779 shares.The stock last traded at $91.79 and had previously closed at $91.75.

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

The firm has a fifty day moving average price of $91.64 and a two-hundred day moving average price of $91.59.

Hedge Funds Weigh In On SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

Several hedge funds and other institutional investors have recently modified their holdings of BIL. Karpus Management Inc. raised its holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 2.6% in the 1st quarter. Karpus Management Inc. now owns 5,000 shares of the company’s stock worth $459,000 after purchasing an additional 125 shares during the period. Avior Wealth Management LLC increased its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 45.7% in the 4th quarter. Avior Wealth Management LLC now owns 625 shares of the company’s stock worth $57,000 after buying an additional 196 shares in the last quarter. Clean Yield Group increased its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 22.6% in the 4th quarter. Clean Yield Group now owns 1,183 shares of the company’s stock worth $108,000 after buying an additional 218 shares in the last quarter. Archford Capital Strategies LLC increased its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 0.4% in the 1st quarter. Archford Capital Strategies LLC now owns 73,030 shares of the company’s stock worth $6,704,000 after buying an additional 269 shares in the last quarter. Finally, Headinvest LLC increased its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 1.6% in the 3rd quarter. Headinvest LLC now owns 17,633 shares of the company’s stock worth $1,612,000 after buying an additional 281 shares in the last quarter.

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.