Bright Futures Wealth Management LLC. Invests $1.35 Million in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Bright Futures Wealth Management LLC. acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,524 shares of the company’s stock, valued at approximately $1,346,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Synergy Asset Management LLC increased its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 100.0% during the 3rd quarter. Synergy Asset Management LLC now owns 16,000 shares of the company’s stock valued at $1,591,000 after acquiring an additional 8,000 shares during the last quarter. Beacon Financial Group purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the third quarter valued at approximately $934,000. Mark Sheptoff Financial Planning LLC acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the second quarter worth approximately $80,000. Flow Traders U.S. LLC increased its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 101.8% during the second quarter. Flow Traders U.S. LLC now owns 40,007 shares of the company’s stock worth $3,978,000 after purchasing an additional 20,184 shares during the last quarter. Finally, Mills Wealth Advisors LLC purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the third quarter worth approximately $1,374,000.

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

Shares of NYSEARCA BILS opened at $99.45 on Monday. The firm has a fifty day moving average of $99.31 and a 200-day moving average of $99.34. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $99.08 and a 52-week high of $99.52.

SPDR Bloomberg 3-12 Month T-Bill ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.3016 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.