New Wave Wealth Advisors LLC Cuts Stock Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

New Wave Wealth Advisors LLC decreased its position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 25.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 16,200 shares of the company’s stock after selling 5,586 shares during the quarter. New Wave Wealth Advisors LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $1,612,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Clean Yield Group purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 3rd quarter worth approximately $25,000. Pflug Koory LLC bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 3rd quarter valued at $26,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 2nd quarter valued at $45,000. Mark Sheptoff Financial Planning LLC bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 2nd quarter worth $80,000. Finally, Nordwand Advisors LLC bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the second quarter valued at about $192,000.

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

Shares of BILS stock opened at $99.40 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52 week low of $99.08 and a 52 week high of $99.52. The firm’s 50-day simple moving average is $99.30 and its two-hundred day simple moving average is $99.32.

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.