GeoWealth Management LLC Takes $619,000 Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

GeoWealth Management LLC acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,219 shares of the company’s stock, valued at approximately $619,000.

Other hedge funds also recently bought and sold shares of the company. Northwest Capital Management Inc bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the second quarter worth $30,000. Allworth Financial LP grew its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 103.3% in the 2nd quarter. Allworth Financial LP now owns 311 shares of the company’s stock worth $31,000 after buying an additional 158 shares in the last quarter. UBS Group AG bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 3rd quarter worth $40,000. Morgan Stanley purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter valued at $50,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 2nd quarter worth $80,000.

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

BILS opened at $99.34 on Tuesday. The business’s fifty day simple moving average is $99.25 and its 200 day simple moving average is $99.25. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52 week low of $99.02 and a 52 week high of $99.62.

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.