Clearstead Trust LLC Acquires New Stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Clearstead Trust LLC bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,377 shares of the company’s stock, valued at approximately $136,000.

A number of other large investors have also recently made changes to their positions in BILS. HM Payson & Co. grew its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 3,525.3% in the third quarter. HM Payson & Co. now owns 983,572 shares of the company’s stock worth $97,797,000 after purchasing an additional 956,441 shares in the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 290.0% in the third quarter. Coldstream Capital Management Inc. now owns 355,175 shares of the company’s stock valued at $35,315,000 after acquiring an additional 264,114 shares in the last quarter. CWM LLC lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.6% in the fourth quarter. CWM LLC now owns 1,737,029 shares of the company’s stock worth $172,174,000 after acquiring an additional 221,777 shares during the period. Truist Financial Corp grew its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 167.6% during the 4th quarter. Truist Financial Corp now owns 208,325 shares of the company’s stock worth $20,649,000 after acquiring an additional 130,465 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 42.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 428,724 shares of the company’s stock valued at $42,628,000 after purchasing an additional 126,930 shares during the period.

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

Shares of BILS traded up $0.03 during mid-day trading on Friday, hitting $99.05. The company’s stock had a trading volume of 161,778 shares, compared to its average volume of 332,581. The company’s 50-day moving average is $99.21 and its 200-day moving average is $99.24. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $98.89 and a 52-week high of $99.54.

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.