New Wave Wealth Advisors LLC Increases Stock Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

New Wave Wealth Advisors LLC raised its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 97.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,998 shares of the company’s stock after purchasing an additional 15,798 shares during the quarter. SPDR Bloomberg 3-12 Month T-Bill ETF accounts for 1.2% of New Wave Wealth Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. New Wave Wealth Advisors LLC owned about 0.08% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $3,175,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Clean Yield Group purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 3rd quarter valued at approximately $25,000. Pflug Koory LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the third quarter valued at approximately $26,000. Summit Investment Advisory Services LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the third quarter valued at approximately $225,000. NWF Advisory Services Inc. purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the second quarter valued at approximately $226,000. Finally, Legacy CG LLC boosted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 6.2% in the third quarter. Legacy CG LLC now owns 2,435 shares of the company’s stock valued at $242,000 after buying an additional 143 shares in the last quarter.

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

SPDR Bloomberg 3-12 Month T-Bill ETF stock opened at $99.20 on Tuesday. 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 $99.31 and its 200 day moving average price is $99.32.

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.