SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Stake Boosted by Bell Bank

Bell Bank lifted its position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 2,691.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 371,279 shares of the company’s stock after purchasing an additional 357,979 shares during the period. SPDR Bloomberg 3-12 Month T-Bill ETF comprises 4.4% of Bell Bank’s portfolio, making the stock its 5th largest holding. Bell Bank owned approximately 1.32% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $36,972,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of BILS. LPL Financial LLC lifted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 18.7% in the 2nd quarter. LPL Financial LLC now owns 1,964,197 shares of the company’s stock worth $195,182,000 after purchasing an additional 309,915 shares in the last quarter. Hershey Financial Advisers LLC purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the second quarter worth $24,479,000. Proficio Capital Partners LLC lifted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 74.0% in the second quarter. Proficio Capital Partners LLC now owns 537,741 shares of the company’s stock worth $53,435,000 after buying an additional 228,654 shares in the last quarter. CWA Asset Management Group LLC bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the third quarter worth $22,405,000. Finally, Armstrong Advisory Group Inc. purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the third quarter valued at $15,005,000.

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

Shares of SPDR Bloomberg 3-12 Month T-Bill ETF stock opened at $99.27 on Thursday. The stock has a 50 day moving average of $99.33 and a 200 day moving average of $99.27. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12 month low of $98.89 and a 12 month 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.