SPDR Bloomberg 3-12 Month T-Bill ETF $BILS Shares Bought by Pacific Point Advisors LLC

Pacific Point Advisors LLC lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 79.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 15,269 shares of the company’s stock after acquiring an additional 6,773 shares during the quarter. Pacific Point Advisors LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $1,520,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of BILS. CWM LLC lifted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 14.7% during the third quarter. CWM LLC now owns 2,151,374 shares of the company’s stock valued at $214,105,000 after purchasing an additional 275,464 shares during the last quarter. Ameriprise Financial Inc. increased its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 32.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,133,420 shares of the company’s stock worth $112,749,000 after purchasing an additional 276,283 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 19.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 478,109 shares of the company’s stock worth $47,538,000 after buying an additional 77,298 shares during the period. Cetera Investment Advisers lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 7.3% during the second quarter. Cetera Investment Advisers now owns 458,535 shares of the company’s stock valued at $45,592,000 after buying an additional 31,270 shares in the last quarter. Finally, Pecaut & CO. lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.8% during the third quarter. Pecaut & CO. now owns 432,546 shares of the company’s stock valued at $43,047,000 after buying an additional 55,790 shares in the last quarter.

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

Shares of BILS opened at $99.33 on Friday. The company has a 50-day moving average of $99.29 and a two-hundred day moving average of $99.33. SPDR Bloomberg 3-12 Month T-Bill ETF has a one year low of $99.08 and a one year high of $99.52.

SPDR Bloomberg 3-12 Month T-Bill ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.3016 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.