Entrewealth LLC Takes Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Entrewealth LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the 4th quarter, HoldingsChannel reports. The fund acquired 75,149 shares of the company’s stock, valued at approximately $7,454,000. SPDR Bloomberg 3-12 Month T-Bill ETF makes up 6.9% of Entrewealth LLC’s holdings, making the stock its 3rd biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Strategic Financial Concepts LLC acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at approximately $120,000. Stifel Financial Corp grew its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 35.0% in the third quarter. Stifel Financial Corp now owns 17,954 shares of the company’s stock worth $1,788,000 after acquiring an additional 4,650 shares during the last quarter. JPMorgan Chase & Co. bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the third quarter worth $274,000. US Bancorp DE bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at $109,000. Finally, HighTower Advisors LLC grew its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 1,086.0% in the 3rd quarter. HighTower Advisors LLC now owns 83,966 shares of the company’s stock worth $8,342,000 after purchasing an additional 76,886 shares during the last quarter.

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

NYSEARCA:BILS opened at $99.33 on Tuesday. The firm’s 50-day moving average is $99.31 and its 200-day moving average is $99.30. 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.