SPDR Bloomberg 3-12 Month T-Bill ETF $BILS is Miller Investment Management LP’s 2nd Largest Position

Miller Investment Management LP cut its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 14.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,009,090 shares of the company’s stock after selling 177,287 shares during the quarter. SPDR Bloomberg 3-12 Month T-Bill ETF makes up 9.8% of Miller Investment Management LP’s holdings, making the stock its 2nd largest position. Miller Investment Management LP’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $100,122,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of BILS. Parsons Capital Management Inc. RI boosted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 1.0% during the 4th quarter. Parsons Capital Management Inc. RI now owns 14,744 shares of the company’s stock worth $1,463,000 after purchasing an additional 139 shares during the period. Blue Trust Inc. increased its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 1.0% in the fourth quarter. Blue Trust Inc. now owns 19,188 shares of the company’s stock valued at $1,904,000 after purchasing an additional 188 shares during the period. Opulen Financial Group LLC raised its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 2.8% in the third quarter. Opulen Financial Group LLC now owns 7,395 shares of the company’s stock valued at $736,000 after buying an additional 201 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1.0% in the fourth quarter. Sanctuary Advisors LLC now owns 22,533 shares of the company’s stock valued at $2,236,000 after buying an additional 231 shares during the last quarter. Finally, ST Germain D J Co. Inc. boosted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 21.4% during the fourth quarter. ST Germain D J Co. Inc. now owns 1,629 shares of the company’s stock worth $162,000 after buying an additional 287 shares during the period.

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

NYSEARCA BILS opened at $99.22 on Thursday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $99.08 and a 52-week high of $99.52. The business’s 50-day moving average price is $99.29 and its 200 day moving average price is $99.30.

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.