Patten Group Inc. Acquires New Shares in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Patten Group Inc. bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the fourth quarter, Holdings Channel reports. The institutional investor bought 9,405 shares of the company’s stock, valued at approximately $933,000.

Several other hedge funds also recently bought and sold shares of BILS. Steward Partners Investment Advisory LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter worth approximately $41,000. Meridian Wealth Management LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter worth $224,000. Alesco Advisors LLC increased its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 2.3% during the fourth quarter. Alesco Advisors LLC now owns 14,111 shares of the company’s stock worth $1,399,000 after buying an additional 312 shares during the last quarter. US Bancorp DE bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter valued at about $109,000. Finally, Private Trust Co. NA raised its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 2.3% during the fourth quarter. Private Trust Co. NA now owns 11,434 shares of the company’s stock valued at $1,134,000 after buying an additional 256 shares in the last quarter.

SPDR Bloomberg 3-12 Month T-Bill ETF Trading Down 0.3 %

BILS opened at $99.17 on Tuesday. The stock has a 50-day moving average of $99.29 and a 200-day moving average of $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 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.