Beacon Financial Group Buys Shares of 9,387 SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Beacon Financial Group purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 9,387 shares of the company’s stock, valued at approximately $934,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ameriprise Financial Inc. increased its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 53.2% during the 1st quarter. Ameriprise Financial Inc. now owns 857,137 shares of the company’s stock worth $85,221,000 after purchasing an additional 297,733 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 829.3% during the 1st quarter. AQR Capital Management LLC now owns 132,608 shares of the company’s stock worth $13,193,000 after purchasing an additional 118,338 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 169.1% during the 2nd quarter. Cerity Partners LLC now owns 174,125 shares of the company’s stock worth $17,313,000 after purchasing an additional 109,428 shares during the last quarter. Truist Financial Corp grew its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 62.0% during the second quarter. Truist Financial Corp now owns 266,033 shares of the company’s stock worth $26,452,000 after buying an additional 101,783 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 30.2% in the first quarter. Royal Bank of Canada now owns 392,615 shares of the company’s stock valued at $39,060,000 after buying an additional 90,987 shares during the last quarter.

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

Shares of BILS opened at $99.08 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1 year low of $98.99 and a 1 year high of $99.52. The company’s 50 day simple moving average is $99.35 and its 200 day simple moving average is $99.32.

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.