Royal Bank of Canada Sells 147,711 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Royal Bank of Canada trimmed its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 41.7% during the first quarter, Holdings Channel.com reports. The firm owned 206,357 shares of the company’s stock after selling 147,711 shares during the period. Royal Bank of Canada’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $20,520,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 1st quarter worth $3,891,000. JPMorgan Chase & Co. raised its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 54.4% during the second quarter. JPMorgan Chase & Co. now owns 53,384 shares of the company’s stock worth $5,308,000 after acquiring an additional 18,801 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 7.4% during the second quarter. Raymond James Financial Inc. now owns 181,239 shares of the company’s stock worth $18,021,000 after acquiring an additional 12,542 shares during the last quarter. Ausdal Financial Partners Inc. lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 8.9% during the second quarter. Ausdal Financial Partners Inc. now owns 18,199 shares of the company’s stock valued at $1,810,000 after acquiring an additional 1,483 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 32.2% during the second quarter. Ameriprise Financial Inc. now owns 1,133,420 shares of the company’s stock valued at $112,749,000 after acquiring an additional 276,283 shares during the period.

SPDR Bloomberg 3-12 Month T-Bill ETF Trading Up 0.0%

SPDR Bloomberg 3-12 Month T-Bill ETF stock opened at $99.18 on Thursday. The business’s 50-day simple moving average is $99.27 and its 200 day simple moving average is $99.30. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12-month low of $99.08 and a 12-month high of $99.52.

About SPDR Bloomberg 3-12 Month T-Bill ETF

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.