Parsons Capital Management Inc. RI Boosts Stock Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Parsons Capital Management Inc. RI raised its position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,900 shares of the company’s stock after purchasing an additional 755 shares during the period. Parsons Capital Management Inc. RI owned about 0.06% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $1,676,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of BILS. Aptus Capital Advisors LLC lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1,160.0% during the third quarter. Aptus Capital Advisors LLC now owns 630 shares of the company’s stock valued at $63,000 after buying an additional 580 shares during the period. Fifth Third Bancorp purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth $107,000. Farther Finance Advisors LLC grew its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 67.9% in the third quarter. Farther Finance Advisors LLC now owns 1,321 shares of the company’s stock valued at $132,000 after purchasing an additional 534 shares during the period. SteelPeak Wealth LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the third quarter valued at $208,000. Finally, Hofer & Associates. Inc acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the third quarter valued at $250,000.

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

Shares of NYSEARCA:BILS opened at $99.46 on Tuesday. The stock’s 50-day moving average price is $99.27 and its two-hundred day moving average price is $99.30. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12-month low of $98.96 and a 12-month 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.