Cresset Asset Management LLC Decreases Stake in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Cresset Asset Management LLC lowered its position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 20.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,432 shares of the company’s stock after selling 1,167 shares during the quarter. Cresset Asset Management LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $441,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in BILS. Stifel Financial Corp lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 30.1% in the fourth quarter. Stifel Financial Corp now owns 23,352 shares of the company’s stock worth $2,315,000 after acquiring an additional 5,398 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 10.5% during the fourth quarter. Ameriprise Financial Inc. now owns 559,404 shares of the company’s stock worth $55,477,000 after purchasing an additional 53,144 shares in the last quarter. Castlekeep Investment Advisors LLC acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth approximately $1,613,202,000. Cetera Investment Advisers raised its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 97.7% during the fourth quarter. Cetera Investment Advisers now owns 354,128 shares of the company’s stock worth $35,112,000 after purchasing an additional 174,995 shares in the last quarter. Finally, Focus Partners Wealth acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth approximately $1,784,000.

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

BILS stock opened at $99.42 on Monday. SPDR Bloomberg 3-12 Month T-Bill ETF has a twelve month low of $98.99 and a twelve month high of $99.60. The company’s 50 day moving average is $99.29 and its two-hundred day moving average is $99.29.

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.