SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Hits New 12-Month High at $99.60

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)’s stock price reached a new 52-week high on Monday . The stock traded as high as $99.60 and last traded at $99.59, with a volume of 24941 shares trading hands. The stock had previously closed at $99.55.

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

The business has a 50 day moving average of $99.34 and a 200-day moving average of $99.25.

Institutional Investors Weigh In On SPDR Bloomberg 3-12 Month T-Bill ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BILS. PNC Financial Services Group Inc. bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth about $292,000. UBS Group AG boosted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 478.4% during the 4th quarter. UBS Group AG now owns 120,701 shares of the company’s stock worth $11,964,000 after acquiring an additional 99,834 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 11.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 27,293 shares of the company’s stock worth $2,705,000 after acquiring an additional 2,717 shares during the last quarter. Focus Financial Network Inc. ADV bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at $354,000. Finally, Anson Capital Inc. lifted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 7.0% during the 4th quarter. Anson Capital Inc. now owns 10,023 shares of the company’s stock valued at $994,000 after purchasing an additional 654 shares during the last quarter.

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.