Portside Wealth Group LLC Sells Shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

On November 10th, 2024, it was reported that Portside Wealth Group LLC has reduced its holdings in the SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 2.9% during the third quarter. Following the sale of 116 shares, the firm now owns a total of 3,948 shares, valued at approximately $393,000.

In addition to Portside, several other institutions have adjusted their positions in this ETF. For example, Sargent Investment Group LLC increased its stake by 7.4% during the second quarter, bringing its total to 486,001 shares, worth around $48,294,000 after adding 33,683 shares. Meanwhile, Hershey Financial Advisers LLC made a new investment in the SPDR Bloomberg 3-12 Month T-Bill ETF, valued at $24,479,000, in the same period. Moloney Securities Asset Management LLC also purchased a new stake worth $216,000.

Notably, NewEdge Advisors LLC raised its ownership by 137.2%, acquiring an additional 58,006 shares, which brought its total to 100,286 shares, valued at roughly $9,965,000. Similarly, Wealth Enhancement Advisory Services LLC increased its position by 22.8%, owning 27,333 shares worth $2,716,000 following the acquisition of 5,076 additional shares.

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

The SPDR Bloomberg 3-12 Month T-Bill ETF opened at $99.24 on the latest trading session. The stock has shown a slight change, recording a 50-day moving average of $99.34 and a 200-day moving average of $99.27. Over the past year, it has reached a low of $98.89 and a high of $99.60, reflecting a stable performance in the T-bill sector.

About SPDR Bloomberg 3-12 Month T-Bill ETF

The SPDR Bloomberg 3-12 Month T-Bill ETF, commonly known as BILS, is an exchange-traded fund that primarily invests in investment grade fixed income securities. This fund tracks an index weighted by market value that focuses on U.S. Treasury bills with maturities ranging from 3 to 12 months. Established on September 23, 2020, BILS is managed by State Street.

Investors interested in examining the latest holdings and changes in stake sizes among hedge funds can utilize resources to explore the most recent 13F filings and insider transactions for the SPDR Bloomberg 3-12 Month T-Bill ETF.

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