FYI: The SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL) was one of the week’s most popular funds, raking in $980 million in net creations—the equivalent of a 23% jump in total assets under management. That’s the second-largest AUM increase any ETF with more than $200 million in assets saw this past week—second only to a semiconductor fund.
BIL tracks a market-weighted index of zero-coupon U.S. Treasury bills with maturity between one and three months. The fund, which costs 0.14% in expense ratio—$14 per $10,000 invested—today has $5.3 billion in total asset
Regards,
Ted
https://www.etf.com/sections/features-and-news/etf-week-short-term-bond-bilM* Snapshot BIL:
https://www.morningstar.com/etfs/arcx/bil/quote.html