IFP Advisors Inc Cuts Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

IFP Advisors Inc decreased its position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 72.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,286 shares of the company’s stock after selling 13,956 shares during the period. IFP Advisors Inc’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $524,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BILS. Kovitz Investment Group Partners LLC increased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 197.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 513,072 shares of the company’s stock valued at $51,061,000 after buying an additional 340,349 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 32.2% in the second quarter. Ameriprise Financial Inc. now owns 1,133,420 shares of the company’s stock valued at $112,749,000 after buying an additional 276,283 shares in the last quarter. AlphaCore Capital LLC increased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 161.3% in the fourth quarter. AlphaCore Capital LLC now owns 188,637 shares of the company’s stock valued at $18,717,000 after buying an additional 116,449 shares in the last quarter. AQR Capital Management LLC increased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 72.8% in the second quarter. AQR Capital Management LLC now owns 229,093 shares of the company’s stock valued at $22,779,000 after buying an additional 96,485 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 58.1% in the second quarter. MML Investors Services LLC now owns 216,762 shares of the company’s stock valued at $21,553,000 after buying an additional 79,689 shares in the last quarter.

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

BILS opened at $99.37 on Tuesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a fifty-two week low of $99.08 and a fifty-two week high of $99.52. The company has a fifty day moving average of $99.31 and a two-hundred 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.