SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Sees Large Volume Increase

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) saw strong trading volume on Tuesday . 243,264 shares traded hands during trading, a decline of 26% from the previous session’s volume of 329,116 shares.The stock last traded at $99.21 and had previously closed at $99.58.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Down 0.4 %

The business has a fifty day moving average price of $99.34 and a two-hundred day moving average price of $99.25.

Hedge Funds Weigh In On SPDR Bloomberg 3-12 Month T-Bill ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BILS. PNC Financial Services Group Inc. acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter worth approximately $292,000. Cambridge Investment Research Advisors Inc. grew its stake 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 purchasing an additional 2,717 shares during the period. Focus Financial Network Inc. ADV acquired a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth approximately $354,000. Stephens Inc. AR grew its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 8.2% during the 4th quarter. Stephens Inc. AR now owns 307,641 shares of the company’s stock worth $30,493,000 after purchasing an additional 23,289 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 40.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 602,241 shares of the company’s stock worth $59,694,000 after purchasing an additional 173,517 shares during the period.

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.