Private Trust Co. NA Cuts Stock Position in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Private Trust Co. NA reduced its position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 75.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,085 shares of the company’s stock after selling 9,727 shares during the quarter. Private Trust Co. NA’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $307,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BILS. GAMMA Investing LLC boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 18.3% in the 1st quarter. GAMMA Investing LLC now owns 43,565 shares of the company’s stock worth $4,334,000 after purchasing an additional 6,731 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 0.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 30,688 shares of the company’s stock worth $3,053,000 after purchasing an additional 260 shares in the last quarter. PFG Investments LLC boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 66.0% in the 1st quarter. PFG Investments LLC now owns 5,083 shares of the company’s stock worth $506,000 after purchasing an additional 2,021 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 109.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 49,191 shares of the company’s stock worth $4,894,000 after purchasing an additional 25,749 shares in the last quarter. Finally, Flagship Harbor Advisors LLC boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1.1% in the 1st quarter. Flagship Harbor Advisors LLC now owns 10,731 shares of the company’s stock worth $1,068,000 after purchasing an additional 120 shares in the last quarter.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Performance

Shares of BILS stock opened at $99.40 on Tuesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1-year low of $98.99 and a 1-year high of $99.52. The business has a 50-day moving average of $99.36 and a 200 day moving average of $99.31.

SPDR Bloomberg 3-12 Month T-Bill ETF 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.