MCF Advisors LLC Sells 3,670 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

MCF Advisors LLC decreased its position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 18.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 16,516 shares of the company’s stock after selling 3,670 shares during the quarter. MCF Advisors LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $1,637,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Cetera Advisor Networks LLC boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 0.3% in the fourth quarter. Cetera Advisor Networks LLC now owns 34,739 shares of the company’s stock valued at $3,449,000 after acquiring an additional 102 shares during the last quarter. Valmark Advisers Inc. boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 1.9% in the third quarter. Valmark Advisers Inc. now owns 5,621 shares of the company’s stock valued at $559,000 after acquiring an additional 103 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 2.6% in the third quarter. Kestra Private Wealth Services LLC now owns 10,785 shares of the company’s stock valued at $1,072,000 after acquiring an additional 275 shares during the last quarter. Parsons Capital Management Inc. RI boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 1.9% during the fourth quarter. Parsons Capital Management Inc. RI now owns 15,035 shares of the company’s stock worth $1,490,000 after buying an additional 280 shares during the last quarter. Finally, Tyler Stone Wealth Management bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the second quarter worth about $30,000.

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

BILS traded up $0.02 during midday trading on Friday, reaching $99.26. 239,290 shares of the company were exchanged, compared to its average volume of 334,300. SPDR Bloomberg 3-12 Month T-Bill ETF has a one year low of $98.89 and a one year high of $99.54. The stock’s 50-day simple moving average is $99.22 and its 200 day simple moving average is $99.23.

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.