NewEdge Advisors LLC Trims Stake in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

NewEdge Advisors LLC reduced its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 40.5% during the second quarter, Holdings Channel.com reports. The fund owned 185,409 shares of the company’s stock after selling 126,349 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $18,426,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Horizon Wealth Management LLC bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 1st quarter valued at about $215,000. Claro Advisors Inc. purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth about $284,000. First Financial Bankshares Inc purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth about $298,000. GAMMA Investing LLC increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 116.0% in the second quarter. GAMMA Investing LLC now owns 3,114 shares of the company’s stock worth $309,000 after purchasing an additional 1,672 shares during the last quarter. Finally, Kingsview Wealth Management LLC bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter worth approximately $311,000.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Down 0.0%

Shares of BILS opened at $99.18 on Friday. The firm’s 50 day simple moving average is $99.27 and its 200 day simple moving average is $99.29. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1-year low of $99.08 and a 1-year high of $99.52.

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.