Fernwood Investment Management LLC Has $989,000 Position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Fernwood Investment Management LLC raised its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 18.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,822 shares of the company’s stock after purchasing an additional 1,693 shares during the period. Fernwood Investment Management LLC’s holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF were worth $989,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BIL. Transcend Capital Advisors LLC acquired a new stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the fourth quarter worth $454,000. Citizens Financial Group Inc. RI bought a new position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the 4th quarter worth $220,000. Spinnaker Trust lifted its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 2.3% during the fourth quarter. Spinnaker Trust now owns 243,083 shares of the company’s stock worth $22,215,000 after purchasing an additional 5,373 shares during the period. J.Safra Asset Management Corp grew its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 37.9% during the fourth quarter. J.Safra Asset Management Corp now owns 74,888 shares of the company’s stock worth $6,844,000 after buying an additional 20,598 shares in the last quarter. Finally, Sandhill Capital Partners LLC raised its position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 214.7% in the 4th quarter. Sandhill Capital Partners LLC now owns 1,372,439 shares of the company’s stock valued at $125,427,000 after buying an additional 936,339 shares in the last quarter.

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

Shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF stock traded up $0.02 on Monday, reaching $91.78. 7,793,804 shares of the stock were exchanged, compared to its average volume of 6,911,359. The firm’s 50 day moving average is $91.62 and its 200-day moving average is $91.59. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a one year low of $91.21 and a one year high of $91.86.

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.