HighTower Advisors LLC Has $16.36 Million Stake in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

HighTower Advisors LLC increased its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 79.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 164,338 shares of the company’s stock after buying an additional 72,900 shares during the period. HighTower Advisors LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $16,355,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. CWM LLC grew its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.7% during the 3rd quarter. CWM LLC now owns 2,151,374 shares of the company’s stock worth $214,105,000 after acquiring an additional 275,464 shares during the period. Ameriprise Financial Inc. boosted its position in shares of 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 during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 19.3% during the second quarter. Envestnet Asset Management Inc. now owns 478,109 shares of the company’s stock worth $47,538,000 after purchasing an additional 77,298 shares during the period. Cetera Investment Advisers increased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 7.3% in the second quarter. Cetera Investment Advisers now owns 458,535 shares of the company’s stock valued at $45,592,000 after purchasing an additional 31,270 shares during the last quarter. Finally, Pecaut & CO. increased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.8% in the third quarter. Pecaut & CO. now owns 432,546 shares of the company’s stock valued at $43,047,000 after purchasing an additional 55,790 shares during the last quarter.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Performance

Shares of BILS opened at $99.36 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1 year low of $99.08 and a 1 year high of $99.52. The stock’s 50-day moving average price is $99.29 and its two-hundred day moving average price is $99.33.

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 dividend of $0.3016 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.6%.

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.