Convergence Financial LLC Sells 1,447 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Convergence Financial LLC cut its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 90,522 shares of the company’s stock after selling 1,447 shares during the quarter. SPDR Bloomberg 3-12 Month T-Bill ETF makes up 1.8% of Convergence Financial LLC’s portfolio, making the stock its 19th largest position. Convergence Financial LLC owned 0.32% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $8,975,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Aptus Capital Advisors LLC raised its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1,160.0% in the third quarter. Aptus Capital Advisors LLC now owns 630 shares of the company’s stock worth $63,000 after acquiring an additional 580 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter valued at approximately $107,000. Strategic Financial Concepts LLC bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter worth approximately $120,000. Farther Finance Advisors LLC lifted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 67.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,321 shares of the company’s stock worth $132,000 after buying an additional 534 shares in the last quarter. Finally, Pacific Sage Partners LLC bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at $201,000.

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

NYSEARCA BILS opened at $99.42 on Thursday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52 week low of $98.96 and a 52 week high of $99.60. The stock has a fifty day moving average of $99.27 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.