Magnolia Private Wealth LLC Reduces Stock Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Magnolia Private Wealth LLC lessened its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 25.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,310 shares of the company’s stock after selling 6,500 shares during the period. SPDR Bloomberg 3-12 Month T-Bill ETF makes up 1.2% of Magnolia Private Wealth LLC’s holdings, making the stock its 18th biggest position. Magnolia Private Wealth LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $1,922,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Clean Yield Group purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the third quarter valued at $25,000. Pflug Koory LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 3rd quarter valued at about $26,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the second quarter worth about $45,000. Mark Sheptoff Financial Planning LLC acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the second quarter worth about $80,000. Finally, Nordwand Advisors LLC acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the second quarter worth about $192,000.

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

Shares of NYSEARCA:BILS opened at $99.28 on Wednesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12-month low of $99.08 and a 12-month high of $99.52. The business has a 50 day moving average of $99.29 and a two-hundred day moving average of $99.33.

SPDR Bloomberg 3-12 Month T-Bill ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.3016 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.