SPDR Bloomberg T-Bill ETF Sees Significant Inflows
Large Investors Drive $883.7 Million Boost in Units
In the latest analysis of ETFs by ETF Channel, the SPDR Bloomberg 1-3 Month T-Bill ETF (Symbol: BIL) has captured attention due to a substantial inflow of approximately $883.7 million. This influx represents a 2.7% increase in outstanding units, rising from 363,444,503 to 373,094,503 in just one week.
The chart below illustrates the one-year price performance of BIL alongside its 200-day moving average:
Within its 52-week trading range, BIL has a low point of $91.21 per share and a high of $91.85. The most recent trade occurred at $91.59. Analyzing the current share price in relation to the 200-day moving average provides insight into the current market context—an important method educators often recommend for technical analysis.
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Exchange-traded funds, or ETFs, function similarly to stocks, though investors trade in “units” rather than “shares.” These units can be both bought and sold in the market while also being created or eliminated based on investor interest. Each week, we observe the changes in units outstanding to pinpoint ETFs experiencing significant inflows (indicating new units) or outflows (indicating old units that are no longer in circulation). An increase in units represents a need for more underlying assets, whereas a decrease suggests the opposite, impacting the individual securities included in the ETFs.
Click here to find out which 9 other ETFs had notable inflows »
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