Flputnam Investment Management Co. Has $523,000 Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Flputnam Investment Management Co. lessened its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 46.0% during the 4th quarter, HoldingsChannel reports. The firm owned 5,279 shares of the company’s stock after selling 4,497 shares during the quarter. Flputnam Investment Management Co.’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $523,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BILS. Private Trust Co. NA boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 2.3% during the 4th quarter. Private Trust Co. NA now owns 11,434 shares of the company’s stock worth $1,134,000 after buying an additional 256 shares during the period. Proficio Capital Partners LLC boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 3,957.7% during the fourth quarter. Proficio Capital Partners LLC now owns 21,889,305 shares of the company’s stock valued at $2,170,325,000 after acquiring an additional 21,349,857 shares during the period. Magnolia Private Wealth LLC acquired a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter valued at about $4,014,000. Checchi Capital Advisers LLC bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter worth about $242,000. Finally, Pine Valley Investments Ltd Liability Co lifted its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 21.4% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 20,590 shares of the company’s stock worth $2,041,000 after purchasing an additional 3,633 shares during the last quarter.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Down 0.3 %

BILS opened at $99.17 on Tuesday. The stock’s 50 day moving average price is $99.29 and its two-hundred day moving average price is $99.31. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12-month low of $98.96 and a 12-month high of $99.60.

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.