New Age Alpha Advisors LLC Makes New $22.63 Million Investment in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL)

New Age Alpha Advisors LLC bought a new position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 247,500 shares of the company’s stock, valued at approximately $22,629,000. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF makes up about 0.9% of New Age Alpha Advisors LLC’s holdings, making the stock its 11th largest position. New Age Alpha Advisors LLC owned about 0.07% of SPDR Bloomberg Barclays 1-3 Month T-Bill ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in BIL. JPMorgan Chase & Co. lifted its stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 107.4% during the 4th quarter. JPMorgan Chase & Co. now owns 579,545 shares of the company’s stock valued at $52,988,000 after acquiring an additional 8,365,479 shares during the period. AGF Management Ltd. lifted its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 75.3% during the fourth quarter. AGF Management Ltd. now owns 1,361,259 shares of the company’s stock valued at $124,460,000 after purchasing an additional 584,732 shares during the period. Flow Traders U.S. LLC purchased a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the third quarter worth approximately $35,949,000. Saratoga Research & Investment Management purchased a new stake in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF in the third quarter worth approximately $22,232,000. Finally, Financial Management Professionals Inc. grew its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 8,668.3% in the 4th quarter. Financial Management Professionals Inc. now owns 220,435 shares of the company’s stock worth $20,154,000 after purchasing an additional 217,921 shares during the period.

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

NYSEARCA BIL opened at $91.70 on Friday. SPDR Bloomberg Barclays 1-3 Month T-Bill ETF has a 1-year low of $91.29 and a 1-year high of $91.83. The business’s fifty day moving average price is $91.60 and its 200-day moving average price is $91.59.

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.