Austin Wealth Management LLC Sells 1,713 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Austin Wealth Management LLC cut its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 1.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 96,316 shares of the company’s stock after selling 1,713 shares during the period. SPDR Bloomberg 3-12 Month T-Bill ETF comprises approximately 2.1% of Austin Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding. Austin Wealth Management LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $9,556,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the first quarter valued at approximately $180,000. SteelPeak Wealth LLC bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the third quarter worth approximately $208,000. Moloney Securities Asset Management LLC bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the second quarter worth approximately $216,000. Premier Path Wealth Partners LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 2nd quarter valued at $225,000. Finally, Essex Financial Services Inc. bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 2nd quarter valued at $250,000.

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

NYSEARCA BILS traded up $0.01 during midday trading on Thursday, hitting $99.50. 30,635 shares of the company traded hands, compared to its average volume of 345,018. 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 company’s 50-day simple moving average is $99.37 and its 200-day simple moving average is $99.27.

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.