Quantitative Investment Management LLC Buys Shares of 31,835 SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Quantitative Investment Management LLC purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 31,835 shares of the company’s stock, valued at approximately $4,910,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in BILS. Horizon Wealth Management LLC acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the first quarter valued at approximately $215,000. Claro Advisors Inc. acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth $284,000. First Financial Bankshares Inc purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter valued at $298,000. GAMMA Investing LLC lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 116.0% in the 2nd quarter. GAMMA Investing LLC now owns 3,114 shares of the company’s stock valued at $309,000 after purchasing an additional 1,672 shares during the last quarter. Finally, Kingsview Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at $311,000.

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

NYSEARCA BILS opened at $99.41 on Monday. The stock has a fifty day simple moving average of $99.29 and a 200-day simple moving average of $99.29. SPDR Bloomberg 3-12 Month T-Bill ETF has a twelve month low of $99.08 and a twelve month high of $99.52.

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.