Birchcreek Wealth Management LLC Has $15.60 Million Stock Position in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Birchcreek Wealth Management LLC lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 17.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,209 shares of the company’s stock after purchasing an additional 23,318 shares during the period. SPDR Bloomberg 3-12 Month T-Bill ETF accounts for approximately 7.7% of Birchcreek Wealth Management LLC’s holdings, making the stock its 4th largest position. Birchcreek Wealth Management LLC owned about 0.40% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $15,598,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Kovitz Investment Group Partners LLC lifted its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 197.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 513,072 shares of the company’s stock valued at $51,061,000 after purchasing an additional 340,349 shares in the last quarter. Ameriprise Financial Inc. increased its position in 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 in the last quarter. CWM LLC raised its stake 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 buying an additional 275,464 shares during the period. Cerity Partners LLC raised its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 169.1% in the second quarter. Cerity Partners LLC now owns 174,125 shares of the company’s stock worth $17,313,000 after buying an additional 109,428 shares during the period. Finally, AQR Capital Management LLC lifted its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 72.8% during the 2nd quarter. AQR Capital Management LLC now owns 229,093 shares of the company’s stock valued at $22,779,000 after buying an additional 96,485 shares in the last quarter.

SPDR Bloomberg 3-12 Month T-Bill ETF Trading Up 0.0%

Shares of NYSEARCA:BILS opened at $99.20 on Friday. The stock has a 50 day moving average of $99.32 and a 200 day moving average of $99.33. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12-month low of $99.08 and a 12-month high of $99.52.

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.