Karpus Management Inc. Purchases 125 Shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

Karpus Management Inc. grew its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 2.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,000 shares of the company’s stock after acquiring an additional 125 shares during the quarter. Karpus Management Inc.’s holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF were worth $459,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Sandhill Capital Partners LLC lifted 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 worth $125,427,000 after acquiring an additional 936,339 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 1.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 1,061,823 shares of the company’s stock worth $97,475,000 after acquiring an additional 17,556 shares during the period. Polen Capital Management LLC acquired a new position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the 4th quarter worth approximately $55,436,000. 49 Wealth Management LLC raised its holdings in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 382.6% in the 1st quarter. 49 Wealth Management LLC now owns 449,310 shares of the company’s stock worth $41,076,000 after buying an additional 356,202 shares in the last quarter. Finally, Bell Bank raised its holdings in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 947.7% in the 4th quarter. Bell Bank now owns 417,803 shares of the company’s stock worth $38,183,000 after buying an additional 377,924 shares in the last quarter.

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

Shares of BIL remained flat at $91.72 during mid-day trading on Thursday. The stock had a trading volume of 5,843,840 shares, compared to its average volume of 6,678,886. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a fifty-two week low of $91.21 and a fifty-two week high of $91.86. The stock’s fifty day moving average price is $91.62 and its 200-day moving average price is $91.61.

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.