Portland Global Advisors LLC Lowers Stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Portland Global Advisors LLC cut its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 43.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 63,487 shares of the company’s stock after selling 48,001 shares during the quarter. Portland Global Advisors LLC owned about 0.23% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $6,295,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC grew its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 3,957.7% in the fourth quarter. Proficio Capital Partners LLC now owns 21,889,305 shares of the company’s stock worth $2,170,325,000 after purchasing an additional 21,349,857 shares during the last quarter. LPL Financial LLC grew its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.4% during the 4th quarter. LPL Financial LLC now owns 2,571,571 shares of the company’s stock worth $254,971,000 after buying an additional 323,911 shares during the last quarter. Miller Investment Management LP increased its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 188.0% during the 3rd quarter. Miller Investment Management LP now owns 1,190,566 shares of the company’s stock valued at $118,557,000 after buying an additional 777,222 shares in the last quarter. Bell Bank raised its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 68.7% in the fourth quarter. Bell Bank now owns 626,349 shares of the company’s stock valued at $62,103,000 after buying an additional 255,070 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 4.7% in the third quarter. Coldstream Capital Management Inc. now owns 620,884 shares of the company’s stock worth $61,828,000 after acquiring an additional 28,008 shares in the last quarter.

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

BILS opened at $99.47 on Friday. The firm’s 50-day moving average price is $99.34 and its 200-day moving average price is $99.31. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $98.96 and a 52-week high of $99.60.

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.