Sheets Smith Wealth Management Trims Stock Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Sheets Smith Wealth Management lessened its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 11.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,689 shares of the company’s stock after selling 2,100 shares during the period. Sheets Smith Wealth Management’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $1,655,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Aptus Capital Advisors LLC boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 1,160.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 630 shares of the company’s stock valued at $63,000 after acquiring an additional 580 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 67.9% in the third quarter. Farther Finance Advisors LLC now owns 1,321 shares of the company’s stock valued at $132,000 after buying an additional 534 shares during the last quarter. SteelPeak Wealth LLC acquired a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 3rd quarter worth $208,000. Hofer & Associates. Inc acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the third quarter valued at $250,000. Finally, JPMorgan Chase & Co. purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 3rd quarter valued at approximately $274,000.

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

SPDR Bloomberg 3-12 Month T-Bill ETF stock opened at $99.37 on Wednesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12-month low of $98.96 and a 12-month high of $99.60. The firm’s 50-day moving average is $99.26 and its two-hundred day moving average is $99.29.

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.