Bell Bank Has $62.10 Million Stock Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Bell Bank boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 68.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 626,349 shares of the company’s stock after acquiring an additional 255,070 shares during the period. SPDR Bloomberg 3-12 Month T-Bill ETF comprises about 4.6% of Bell Bank’s investment portfolio, making the stock its 6th biggest holding. Bell Bank owned about 2.23% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $62,103,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BILS. Strategic Financial Concepts LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth approximately $120,000. Farther Finance Advisors LLC raised its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 67.9% during the third quarter. Farther Finance Advisors LLC now owns 1,321 shares of the company’s stock valued at $132,000 after purchasing an additional 534 shares in the last quarter. Stifel Financial Corp lifted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 35.0% in the third quarter. Stifel Financial Corp now owns 17,954 shares of the company’s stock worth $1,788,000 after purchasing an additional 4,650 shares during the period. JPMorgan Chase & Co. acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 3rd quarter valued at about $274,000. Finally, HighTower Advisors LLC increased its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 1,086.0% during the 3rd quarter. HighTower Advisors LLC now owns 83,966 shares of the company’s stock valued at $8,342,000 after buying an additional 76,886 shares during the period.

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

Shares of NYSEARCA:BILS opened at $99.38 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a twelve month low of $98.96 and a twelve month high of $99.60. The company has a 50 day moving average of $99.27 and a 200-day moving average of $99.30.

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.