Clearstead Trust LLC Makes New Investment in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Clearstead Trust LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the fourth quarter, Holdings Channel reports. The institutional investor bought 1,377 shares of the company’s stock, valued at approximately $136,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BILS. Concourse Financial Group Securities Inc. acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the third quarter valued at approximately $50,000. PFG Investments LLC purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth $201,000. Epic Trust Investment Advisors LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter valued at about $220,000. NBC Securities Inc. acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the third quarter worth about $225,000. Finally, Camelot Portfolios LLC purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth about $248,000.

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

BILS traded up $0.03 during trading on Friday, reaching $99.05. The company’s stock had a trading volume of 161,778 shares, compared to its average volume of 332,581. The company’s fifty day moving average price is $99.21 and its 200-day moving average price is $99.24. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $98.89 and a 52-week high of $99.54.

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.