Fortis Group Advisors LLC Sells 48,573 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Fortis Group Advisors LLC lessened its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 29.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,626 shares of the company’s stock after selling 48,573 shares during the period. SPDR Bloomberg 3-12 Month T-Bill ETF makes up 2.1% of Fortis Group Advisors LLC’s portfolio, making the stock its 6th biggest position. Fortis Group Advisors LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $11,464,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Aptus Capital Advisors LLC boosted its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1,160.0% during the third quarter. Aptus Capital Advisors LLC now owns 630 shares of the company’s stock worth $63,000 after buying an additional 580 shares during the period. Fifth Third Bancorp bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at approximately $107,000. Strategic Financial Concepts LLC bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth approximately $120,000. Farther Finance Advisors LLC grew its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 67.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,321 shares of the company’s stock worth $132,000 after acquiring an additional 534 shares in the last quarter. Finally, Pacific Sage Partners LLC acquired a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the fourth quarter valued at approximately $201,000.

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

SPDR Bloomberg 3-12 Month T-Bill ETF stock opened at $99.30 on Tuesday. The firm has a 50-day moving average of $99.26 and a 200-day moving average of $99.30. SPDR Bloomberg 3-12 Month T-Bill ETF has a one year low of $98.96 and a one year high of $99.60.

SPDR Bloomberg 3-12 Month T-Bill ETF 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.