HighTower Advisors LLC Buys 72,900 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

HighTower Advisors LLC increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 79.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 164,338 shares of the company’s stock after buying an additional 72,900 shares during the quarter. HighTower Advisors LLC owned 0.42% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $16,355,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Synergy Asset Management LLC boosted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 100.0% in the 3rd quarter. Synergy Asset Management LLC now owns 16,000 shares of the company’s stock valued at $1,591,000 after purchasing an additional 8,000 shares in the last quarter. Beacon Financial Group bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 3rd quarter valued at about $934,000. Mark Sheptoff Financial Planning LLC acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the second quarter valued at about $80,000. Flow Traders U.S. LLC grew its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 101.8% during the second quarter. Flow Traders U.S. LLC now owns 40,007 shares of the company’s stock worth $3,978,000 after buying an additional 20,184 shares during the last quarter. Finally, AlphaCore Capital LLC grew its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 24.5% during the second quarter. AlphaCore Capital LLC now owns 80,546 shares of the company’s stock worth $8,009,000 after buying an additional 15,845 shares during the last quarter.

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

NYSEARCA:BILS opened at $99.36 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1 year low of $99.08 and a 1 year high of $99.52. The firm has a 50 day moving average of $99.29 and a 200-day moving average of $99.33.

SPDR Bloomberg 3-12 Month T-Bill ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.3016 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.6%.

About SPDR Bloomberg 3-12 Month T-Bill ETF

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.