Hershey Financial Advisers LLC Purchases Shares of 62,334 SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Hershey Financial Advisers LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 62,334 shares of the company’s stock, valued at approximately $6,180,000. SPDR Bloomberg 3-12 Month T-Bill ETF comprises approximately 5.4% of Hershey Financial Advisers LLC’s investment portfolio, making the stock its 2nd largest holding. Hershey Financial Advisers LLC owned 0.22% of SPDR Bloomberg 3-12 Month T-Bill ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BILS. Strategic Financial Concepts LLC bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter worth approximately $120,000. Stifel Financial Corp raised its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 35.0% in the 3rd quarter. Stifel Financial Corp now owns 17,954 shares of the company’s stock worth $1,788,000 after acquiring an additional 4,650 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 3rd quarter worth approximately $274,000. US Bancorp DE bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter worth approximately $109,000. Finally, HighTower Advisors LLC raised its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1,086.0% in the 3rd quarter. HighTower Advisors LLC now owns 83,966 shares of the company’s stock worth $8,342,000 after acquiring an additional 76,886 shares in the last quarter.

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

Shares of NYSEARCA:BILS opened at $99.40 on Monday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $98.96 and a 52-week high of $99.60. The stock has a 50 day moving average price of $99.32 and a 200-day moving average price of $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.