Independent Financial Group LLC Invests $3.62 Million in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Independent Financial Group LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 36,454 shares of the company’s stock, valued at approximately $3,625,000.

Several other institutional investors have also added to or reduced their stakes in BILS. Ridgeline Wealth Planning LLC increased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 125.0% during the 1st quarter. Ridgeline Wealth Planning LLC now owns 6,152 shares of the company’s stock worth $612,000 after purchasing an additional 3,418 shares in the last quarter. Sanctuary Advisors LLC raised its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 19.5% in the 1st quarter. Sanctuary Advisors LLC now owns 26,919 shares of the company’s stock valued at $2,677,000 after purchasing an additional 4,386 shares during the period. Hibernia Wealth Partners LLC lifted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 3.8% in the first quarter. Hibernia Wealth Partners LLC now owns 84,492 shares of the company’s stock valued at $8,402,000 after purchasing an additional 3,056 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 3.9% in the first quarter. Valmark Advisers Inc. now owns 82,333 shares of the company’s stock valued at $8,187,000 after purchasing an additional 3,105 shares in the last quarter. Finally, Simplicity Wealth LLC lifted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 163.8% in the first quarter. Simplicity Wealth LLC now owns 19,544 shares of the company’s stock valued at $1,943,000 after purchasing an additional 12,135 shares in the last quarter.

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

BILS stock opened at $99.31 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a fifty-two week low of $99.08 and a fifty-two week high of $99.52. The business has a 50-day moving average of $99.27 and a 200-day moving average of $99.29.

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.