New Wave Wealth Advisors LLC Invests $1.35 Million in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

New Wave Wealth Advisors LLC purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,610 shares of the company’s stock, valued at approximately $1,349,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parsons Capital Management Inc. RI boosted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 4.7% during the fourth quarter. Parsons Capital Management Inc. RI now owns 16,900 shares of the company’s stock worth $1,676,000 after buying an additional 755 shares during the period. Blue Trust Inc. lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 58.2% during the fourth quarter. Blue Trust Inc. now owns 19,055 shares of the company’s stock worth $1,897,000 after purchasing an additional 7,010 shares in the last quarter. Summit Investment Advisory Services LLC acquired a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter valued at $250,000. Embree Financial Group lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 8.4% during the 4th quarter. Embree Financial Group now owns 9,402 shares of the company’s stock worth $932,000 after acquiring an additional 731 shares in the last quarter. Finally, Archford Capital Strategies LLC purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth about $286,000.

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

NYSEARCA:BILS opened at $99.49 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52 week low of $98.96 and a 52 week high of $99.60. The company has a fifty day simple moving average of $99.28 and a two-hundred day simple moving average of $99.31.

About SPDR Bloomberg 3-12 Month T-Bill ETF

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.