Brookstone Capital Management Takes Position in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Brookstone Capital Management purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 51,855 shares of the company’s stock, valued at approximately $5,156,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC raised its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 590.2% during the second quarter. Harbor Investment Advisory LLC now owns 352 shares of the company’s stock valued at $35,000 after purchasing an additional 301 shares in the last quarter. Western Pacific Wealth Management LP acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 2nd quarter worth $40,000. Financial Network Wealth Advisors LLC raised its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 49.9% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 523 shares of the company’s stock worth $52,000 after buying an additional 174 shares in the last quarter. Luminist Capital LLC bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 1st quarter worth $165,000. Finally, Etesian Wealth Advisors Inc. acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the first quarter valued at about $201,000.

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

SPDR Bloomberg 3-12 Month T-Bill ETF stock opened at $99.43 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12-month low of $98.99 and a 12-month high of $99.52. The business’s 50-day moving average price is $99.36 and its two-hundred day moving average price is $99.31.

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.