Patten Group Inc. Invests $933,000 in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Patten Group Inc. acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 9,405 shares of the company’s stock, valued at approximately $933,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lynx Investment Advisory raised its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1.2% during the third quarter. Lynx Investment Advisory now owns 9,735 shares of the company’s stock valued at $969,000 after buying an additional 119 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 1.1% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 13,711 shares of the company’s stock valued at $1,360,000 after acquiring an additional 144 shares in the last quarter. DGS Capital Management LLC boosted its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 1.7% during the 4th quarter. DGS Capital Management LLC now owns 9,912 shares of the company’s stock worth $983,000 after acquiring an additional 163 shares during the period. Moloney Securities Asset Management LLC boosted its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 5.1% during the 4th quarter. Moloney Securities Asset Management LLC now owns 3,855 shares of the company’s stock worth $382,000 after acquiring an additional 187 shares during the period. Finally, Private Trust Co. NA grew its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 2.3% in the fourth quarter. Private Trust Co. NA now owns 11,434 shares of the company’s stock worth $1,134,000 after purchasing an additional 256 shares in the last quarter.

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

Shares of NYSEARCA BILS opened at $99.17 on Tuesday. The firm’s 50-day simple moving average is $99.29 and its 200 day simple moving average is $99.31. SPDR Bloomberg 3-12 Month T-Bill ETF has a fifty-two week low of $98.96 and a fifty-two week high of $99.60.

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.