Summit Investment Advisory Services LLC Purchases New Stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Summit Investment Advisory Services LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,517 shares of the company’s stock, valued at approximately $250,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BILS. LPL Financial LLC raised its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.4% during the third quarter. LPL Financial LLC now owns 2,247,660 shares of the company’s stock worth $223,822,000 after purchasing an additional 283,463 shares during the period. CWM LLC lifted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 3.4% in the third quarter. CWM LLC now owns 1,678,123 shares of the company’s stock valued at $167,107,000 after acquiring an additional 55,014 shares during the last quarter. Miller Investment Management LP grew its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 188.0% in the third quarter. Miller Investment Management LP now owns 1,190,566 shares of the company’s stock worth $118,557,000 after acquiring an additional 777,222 shares during the period. Coldstream Capital Management Inc. increased its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 4.7% during the third quarter. Coldstream Capital Management Inc. now owns 620,884 shares of the company’s stock worth $61,828,000 after acquiring an additional 28,008 shares during the last quarter. Finally, Sargent Investment Group LLC raised its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 12.8% in the third quarter. Sargent Investment Group LLC now owns 548,036 shares of the company’s stock valued at $54,573,000 after purchasing an additional 62,035 shares during the period.

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

NYSEARCA BILS opened at $99.43 on Friday. The stock has a fifty day simple moving average of $99.26 and a 200-day simple moving average of $99.30. SPDR Bloomberg 3-12 Month T-Bill ETF has a twelve month low of $98.96 and a twelve month high of $99.60.

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.