Financial Management Professionals Inc. Acquires 217,921 Shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Financial Management Professionals Inc. increased its holdings in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 8,668.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 220,435 shares of the company’s stock after acquiring 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 holdings, making the stock its 13th largest position. Financial Management Professionals Inc. owned about 0.06% of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF worth $20,154,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. BNP Paribas purchased a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the third quarter worth $50,000. ORG Wealth Partners LLC purchased a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the third quarter worth $59,000. Highline Wealth Partners LLC purchased a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the third quarter worth $65,000. Nemes Rush Group LLC increased its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 156.1% in the second quarter. Nemes Rush Group LLC now owns 940 shares of the company’s stock worth $86,000 after buying an additional 573 shares during the last quarter. Finally, Western Pacific Wealth Management LP purchased a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the third quarter worth $92,000.

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

NYSEARCA:BIL opened at $91.63 on Friday. The business has a fifty day simple moving average of $91.55 and a two-hundred day simple moving average of $91.60. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a 1 year low of $91.29 and a 1 year high of $91.83.

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.