SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) Sees Large Volume Increase

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) shares saw an uptick in trading volume on Friday . 1,891,851 shares traded hands during mid-day 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 Up 0.0 %

The stock has a fifty day simple moving average of $91.64 and a 200-day simple moving average of $91.59.

Institutional Trading of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

A number of hedge funds have recently modified their holdings of the company. Ameriprise Financial Inc. lifted its position 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 buying an additional 1,484,395 shares during the period. Sandhill Capital Partners LLC raised its position in 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 purchasing an additional 936,339 shares during the last quarter. Polen Capital Management LLC bought a new position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the 4th quarter valued at $55,436,000. Captrust Financial Advisors raised its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 6.6% in the 1st quarter. Captrust Financial Advisors now owns 6,902,393 shares of the company’s stock valued at $633,640,000 after purchasing an additional 429,329 shares during the last quarter. Finally, Parkwood LLC bought a new position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the 4th quarter valued at $34,637,000.

About SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

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.