Focus Financial Network Inc. Reduces Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Focus Financial Network Inc. lowered its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 16.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,708 shares of the company’s stock after selling 547 shares during the quarter. Focus Financial Network Inc.’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $270,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of BILS. Beacon Wealthcare LLC grew its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 1.1% during the 2nd quarter. Beacon Wealthcare LLC now owns 9,060 shares of the company’s stock worth $900,000 after purchasing an additional 102 shares during the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 5.6% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 3,696 shares of the company’s stock valued at $367,000 after acquiring an additional 197 shares during the period. Schwab Charitable Fund increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 0.9% in the 1st quarter. Schwab Charitable Fund now owns 24,848 shares of the company’s stock valued at $2,470,000 after acquiring an additional 214 shares during the period. Donor Advised Charitable Giving Inc. raised its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 0.9% in the 3rd quarter. Donor Advised Charitable Giving Inc. now owns 25,393 shares of the company’s stock worth $2,529,000 after acquiring an additional 223 shares during the last quarter. Finally, Values First Advisors Inc. lifted its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 3.1% during the 3rd quarter. Values First Advisors Inc. now owns 9,632 shares of the company’s stock worth $959,000 after acquiring an additional 291 shares during the period.

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

Shares of BILS stock opened at $99.17 on Monday. SPDR Bloomberg 3-12 Month T-Bill ETF has a fifty-two week low of $98.89 and a fifty-two week high of $99.60. The stock’s 50-day simple moving average is $99.36 and its 200-day simple moving average is $99.27.

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.