Royal Bank of Canada Reduces Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Royal Bank of Canada lessened its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 13.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 301,628 shares of the company’s stock after selling 45,714 shares during the period. Royal Bank of Canada owned 1.07% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $29,907,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth about $41,000. Fifth Third Bancorp purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth about $107,000. US Bancorp DE purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth about $109,000. Pacific Sage Partners LLC purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth about $201,000. Finally, Weaver Capital Management LLC purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth about $217,000.

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

Shares of BILS opened at $99.37 on Friday. The stock’s 50-day simple moving average is $99.31 and its 200 day simple moving average is $99.29. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $98.96 and a 52-week high of $99.60.

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.