12th Street Asset Management Company LLC Cuts Stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

12th Street Asset Management Company LLC cut its holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 39.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 259,619 shares of the company’s stock after selling 170,682 shares during the quarter. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF accounts for 3.9% of 12th Street Asset Management Company LLC’s portfolio, making the stock its 12th biggest holding. 12th Street Asset Management Company LLC owned 0.07% of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF worth $23,737,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 7.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,618 shares of the company’s stock worth $239,000 after buying an additional 189 shares during the period. Toronto Dominion Bank boosted its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 15.4% during the 3rd quarter. Toronto Dominion Bank now owns 2,198 shares of the company’s stock valued at $202,000 after acquiring an additional 294 shares during the last quarter. WR Wealth Planners LLC increased its holdings in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 317.5% in the fourth quarter. WR Wealth Planners LLC now owns 405 shares of the company’s stock valued at $37,000 after buying an additional 308 shares during the last quarter. United Community Bank lifted its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 7.7% during the fourth quarter. United Community Bank now owns 4,544 shares of the company’s stock worth $415,000 after purchasing an additional 325 shares during the last quarter. Finally, BNP Paribas bought a new position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the third quarter worth about $50,000.

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

Shares of NYSEARCA:BIL opened at $91.56 on Friday. The firm’s 50 day moving average is $91.57 and its two-hundred day moving average is $91.59. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a 52 week low of $91.29 and a 52 week 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.