Miller Investment Management LP Has $118.56 Million Stock Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Miller Investment Management LP increased its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 188.0% during the third quarter, Holdings Channel.com reports. The fund owned 1,190,566 shares of the company’s stock after purchasing an additional 777,222 shares during the quarter. SPDR Bloomberg 3-12 Month T-Bill ETF accounts for about 12.3% of Miller Investment Management LP’s holdings, making the stock its 2nd biggest position. Miller Investment Management LP’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $118,557,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of BILS. Farther Finance Advisors LLC boosted its holdings in shares of 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 valued at $132,000 after acquiring an additional 534 shares in the last quarter. Sargent Investment Group LLC lifted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 7.4% during the second quarter. Sargent Investment Group LLC now owns 486,001 shares of the company’s stock worth $48,294,000 after purchasing an additional 33,683 shares during the period. Hershey Financial Advisers LLC acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the second quarter valued at $24,479,000. Moloney Securities Asset Management LLC bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 2nd quarter valued at $216,000. Finally, NewEdge Advisors LLC boosted its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 137.2% during the second quarter. NewEdge Advisors LLC now owns 100,286 shares of the company’s stock valued at $9,965,000 after acquiring an additional 58,006 shares during the last quarter.

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

Shares of BILS stock opened at $99.16 on Wednesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52 week low of $98.89 and a 52 week high of $99.60. The firm has a 50 day moving average of $99.34 and a 200-day moving average of $99.29.

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.