SPDR Bloomberg 3-12 Month T-Bill ETF $BILS Shares Purchased by Bell Bank

Bell Bank grew its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 8.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 547,342 shares of the company’s stock after purchasing an additional 44,521 shares during the period. SPDR Bloomberg 3-12 Month T-Bill ETF comprises approximately 2.3% of Bell Bank’s investment portfolio, making the stock its 10th largest position. Bell Bank owned 1.39% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $54,307,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. CWM LLC lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.7% in the 3rd quarter. CWM LLC now owns 2,151,374 shares of the company’s stock valued at $214,105,000 after purchasing an additional 275,464 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 2.2% during the third quarter. Bank of America Corp DE now owns 1,429,213 shares of the company’s stock worth $142,235,000 after buying an additional 30,265 shares in the last quarter. Miller Investment Management LP lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 7.1% in the 3rd quarter. Miller Investment Management LP now owns 1,186,377 shares of the company’s stock valued at $118,068,000 after acquiring an additional 78,311 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 32.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,133,420 shares of the company’s stock valued at $112,749,000 after acquiring an additional 276,283 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 197.0% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 513,072 shares of the company’s stock worth $51,061,000 after acquiring an additional 340,349 shares during the last quarter.

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

Shares of BILS opened at $99.40 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 business has a 50-day simple moving average of $99.32 and a two-hundred day simple moving average of $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. Investors of record on Monday, March 2nd were issued a $0.2722 dividend. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Monday, March 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.