Confluence Wealth Services Inc. Makes New Investment in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Confluence Wealth Services Inc. bought a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 4,469 shares of the company’s stock, valued at approximately $410,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. USA Financial Formulas bought a new position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the third quarter worth about $35,000. NBC Securities Inc. bought a new position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF during the 4th quarter worth approximately $54,000. Avior Wealth Management LLC grew its position in shares of 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 acquiring an additional 196 shares in the last quarter. Mather Group LLC. bought a new stake in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the 1st quarter valued at approximately $58,000. Finally, Clean Yield Group increased its holdings in shares of 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 valued at $108,000 after acquiring an additional 218 shares during the last quarter.

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

BIL traded up $0.01 during trading hours on Tuesday, hitting $91.79. 13,623,766 shares of the stock were exchanged, compared to its average volume of 6,993,133. The stock has a 50-day simple moving average of $91.63 and a 200-day simple moving average of $91.59. 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.

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.