SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Shares Acquired by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 51.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,846 shares of the company’s stock after purchasing an additional 1,636 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $482,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AlphaMark Advisors LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the first quarter valued at $26,000. Tidemark LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at about $84,000. Clearstead Trust LLC acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter valued at about $136,000. Sugarloaf Wealth Management LLC bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 1st quarter worth about $137,000. Finally, Salomon & Ludwin LLC acquired a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the first quarter valued at approximately $180,000.

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

Shares of NYSEARCA BILS traded up $0.06 during midday trading on Friday, hitting $99.43. 98,471 shares of the company’s stock were exchanged, compared to its average volume of 325,031. SPDR Bloomberg 3-12 Month T-Bill ETF has a twelve month low of $98.89 and a twelve month high of $99.54. The stock’s 50 day moving average price is $99.23 and its 200-day moving average price is $99.21.

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.