Birchcreek Wealth Management LLC Increases Stock Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Birchcreek Wealth Management LLC grew its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 49.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 113,227 shares of the company’s stock after buying an additional 37,529 shares during the period. SPDR Bloomberg 3-12 Month T-Bill ETF accounts for approximately 7.1% of Birchcreek Wealth Management LLC’s holdings, making the stock its 4th biggest position. Birchcreek Wealth Management LLC owned 0.40% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $11,226,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Strategic Financial Concepts LLC bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter worth about $120,000. Farther Finance Advisors LLC boosted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 67.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,321 shares of the company’s stock worth $132,000 after purchasing an additional 534 shares in the last quarter. Stifel Financial Corp boosted its stake in 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 purchasing an additional 4,650 shares in the last quarter. JPMorgan Chase & Co. bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 3rd quarter worth about $274,000. Finally, HighTower Advisors LLC lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 1,086.0% during the 3rd quarter. HighTower Advisors LLC now owns 83,966 shares of the company’s stock valued at $8,342,000 after acquiring an additional 76,886 shares during the period.

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

BILS opened at $99.38 on Monday. The company’s 50-day simple moving average is $99.27 and its two-hundred day simple moving average is $99.31. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $98.96 and a 52-week high of $99.60.

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.