Investors Buy Shares of SPDR S TR/SPDR BLOOMBERG BARC (BIL) on Weakness

Traders bought shares of SPDR S TR/SPDR BLOOMBERG BARC (BMV:BIL) on weakness during trading on Friday. $104.78 million flowed into the stock on the tick-up and $26.46 million flowed out of the stock on the tick-down, for a money net flow of $78.32 million into the stock. Of all stocks tracked, SPDR S TR/SPDR BLOOMBERG BARC had the 6th highest net in-flow for the day. SPDR S TR/SPDR BLOOMBERG BARC traded down ($0.01) for the day and closed at $91.58

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1756 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of ∞. This is an increase from SPDR S TR/SPDR BLOOMBERG BARC’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, April 1st.

Several institutional investors and hedge funds have recently modified their holdings of the company. Great Valley Advisor Group Inc. bought a new stake in SPDR S TR/SPDR BLOOMBERG BARC in the first quarter worth approximately $382,000. Barber Financial Group Inc. increased its holdings in SPDR S TR/SPDR BLOOMBERG BARC by 43.8% in the first quarter. Barber Financial Group Inc. now owns 1,382,665 shares of the company’s stock worth $126,652,000 after purchasing an additional 421,226 shares in the last quarter. Founders Financial Securities LLC increased its holdings in SPDR S TR/SPDR BLOOMBERG BARC by 32.2% in the first quarter. Founders Financial Securities LLC now owns 54,136 shares of the company’s stock worth $4,959,000 after purchasing an additional 13,176 shares in the last quarter. BNP Paribas Arbitrage SA bought a new stake in SPDR S TR/SPDR BLOOMBERG BARC in the first quarter worth approximately $777,000. Finally, Squar Milner Financial Services LLC increased its holdings in SPDR S TR/SPDR BLOOMBERG BARC by 269.0% in the first quarter. Squar Milner Financial Services LLC now owns 38,714 shares of the company’s stock worth $3,546,000 after purchasing an additional 28,222 shares in the last quarter.

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