IFP Advisors Inc Has $3.03 Million Stock Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

IFP Advisors Inc cut its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 32.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,605 shares of the company’s stock after selling 15,031 shares during the period. IFP Advisors Inc’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $3,034,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Aptus Capital Advisors LLC lifted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1,160.0% during the third quarter. Aptus Capital Advisors LLC now owns 630 shares of the company’s stock valued at $63,000 after acquiring an additional 580 shares during the period. Fifth Third Bancorp bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter valued at about $107,000. Farther Finance Advisors LLC boosted its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 67.9% in the third quarter. Farther Finance Advisors LLC now owns 1,321 shares of the company’s stock valued at $132,000 after buying an additional 534 shares in the last quarter. Pacific Sage Partners LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth about $201,000. Finally, SteelPeak Wealth LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the third quarter worth about $208,000.

SPDR Bloomberg 3-12 Month T-Bill ETF Trading Up 0.0 %

NYSEARCA:BILS opened at $99.40 on Tuesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1 year low of $98.96 and a 1 year high of $99.60. The firm has a 50 day moving average of $99.27 and a 200-day moving average of $99.31.

SPDR Bloomberg 3-12 Month T-Bill ETF Company Profile

The SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury bills with maturities between 3-12 months. BILS was launched on Sep 23, 2020 and is managed by State Street.