Financial Advocates Investment Management Has $12.71 Million Stock Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Financial Advocates Investment Management boosted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 8.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 128,224 shares of the company’s stock after buying an additional 10,093 shares during the period. SPDR Bloomberg 3-12 Month T-Bill ETF comprises approximately 0.7% of Financial Advocates Investment Management’s investment portfolio, making the stock its 25th biggest position. Financial Advocates Investment Management’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $12,713,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Aptus Capital Advisors LLC raised its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 1,160.0% in the 3rd quarter. Aptus Capital Advisors LLC now owns 630 shares of the company’s stock worth $63,000 after purchasing an additional 580 shares in the last quarter. Fifth Third Bancorp acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth approximately $107,000. Farther Finance Advisors LLC increased its stake 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 acquiring an additional 534 shares during the period. Pacific Sage Partners LLC acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at $201,000. Finally, SteelPeak Wealth LLC bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 3rd quarter valued at $208,000.

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

BILS opened at $99.18 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 business’s fifty day moving average is $99.26 and its 200-day moving average is $99.31.

About SPDR Bloomberg 3-12 Month T-Bill ETF

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.