SoundView Advisors Inc. Takes Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

SoundView Advisors Inc. acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 257,298 shares of the company’s stock, valued at approximately $25,511,000. SPDR Bloomberg 3-12 Month T-Bill ETF comprises approximately 10.5% of SoundView Advisors Inc.’s holdings, making the stock its 4th largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC grew its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 3,957.7% in the fourth quarter. Proficio Capital Partners LLC now owns 21,889,305 shares of the company’s stock worth $2,170,325,000 after acquiring an additional 21,349,857 shares in the last quarter. LPL Financial LLC lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 14.4% in the 3rd quarter. LPL Financial LLC now owns 2,247,660 shares of the company’s stock valued at $223,822,000 after purchasing an additional 283,463 shares during the last quarter. Miller Investment Management LP lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 188.0% in the 3rd quarter. Miller Investment Management LP now owns 1,190,566 shares of the company’s stock valued at $118,557,000 after purchasing an additional 777,222 shares during the last quarter. Bell Bank boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 68.7% in the fourth quarter. Bell Bank now owns 626,349 shares of the company’s stock worth $62,103,000 after purchasing an additional 255,070 shares in the last quarter. Finally, Coldstream Capital Management Inc. increased its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 4.7% during the third quarter. Coldstream Capital Management Inc. now owns 620,884 shares of the company’s stock worth $61,828,000 after buying an additional 28,008 shares during the last quarter.

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

NYSEARCA BILS opened at $99.26 on Tuesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a fifty-two week low of $98.96 and a fifty-two week high of $99.60. The stock’s 50-day moving average is $99.30 and its two-hundred day moving average is $99.31.

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.