Citigroup Inc. Sells 27,228 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Citigroup Inc. reduced its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 55.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,867 shares of the company’s stock after selling 27,228 shares during the period. Citigroup Inc. owned about 0.06% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $2,176,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CWM LLC grew its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 14.7% in the third quarter. CWM LLC now owns 2,151,374 shares of the company’s stock worth $214,105,000 after purchasing an additional 275,464 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 32.2% in the second quarter. Ameriprise Financial Inc. now owns 1,133,420 shares of the company’s stock worth $112,749,000 after buying an additional 276,283 shares during the period. Cetera Investment Advisers raised its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 7.3% during the 2nd quarter. Cetera Investment Advisers now owns 458,535 shares of the company’s stock valued at $45,592,000 after buying an additional 31,270 shares during the last quarter. Pecaut & CO. raised its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.8% during the 3rd quarter. Pecaut & CO. now owns 432,546 shares of the company’s stock valued at $43,047,000 after buying an additional 55,790 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 22.1% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 363,159 shares of the company’s stock valued at $36,142,000 after buying an additional 65,760 shares during the period.

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

Shares of SPDR Bloomberg 3-12 Month T-Bill ETF stock opened at $99.23 on Friday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12-month low of $99.08 and a 12-month high of $99.52. The company’s fifty day simple moving average is $99.31 and its two-hundred day simple moving average is $99.33.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.2722 dividend. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Monday, March 2nd.

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.