Parallel Advisors LLC Cuts Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Parallel Advisors LLC lowered its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 96.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,463 shares of the company’s stock after selling 90,204 shares during the period. Parallel Advisors LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $343,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter valued at $41,000. Fifth Third Bancorp bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter valued at about $107,000. US Bancorp DE purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter valued at about $109,000. Strategic Financial Concepts LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter worth approximately $120,000. Finally, Pacific Sage Partners LLC purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter worth approximately $201,000.

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

BILS stock opened at $99.40 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a one year low of $98.96 and a one year high of $99.60. The company’s 50 day moving average price is $99.32 and its two-hundred day moving average price is $99.30.

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.