SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 305,343 shares, an increase of 47.9% from the August 31st total of 206,423 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 350,448 shares, the days-to-cover ratio is currently 0.9 days.
Hedge Funds Weigh In On SPDR Bloomberg 3-12 Month T-Bill ETF
Large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 2.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 430,339 shares of the company’s stock worth $42,767,000 after acquiring an additional 9,737 shares in the last quarter. Pecaut & CO. raised its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1.4% during the second quarter. Pecaut & CO. now owns 259,692 shares of the company’s stock valued at $25,808,000 after acquiring an additional 3,631 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 4.0% during the second quarter. Integrated Wealth Concepts LLC now owns 221,556 shares of the company’s stock valued at $22,018,000 after acquiring an additional 8,458 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 5.6% in the second quarter. Baird Financial Group Inc. now owns 10,991 shares of the company’s stock valued at $1,092,000 after purchasing an additional 578 shares during the period. Finally, Ameritas Advisory Services LLC boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 40.5% in the second quarter. Ameritas Advisory Services LLC now owns 113,920 shares of the company’s stock valued at $11,321,000 after purchasing an additional 32,815 shares during the period.
SPDR Bloomberg 3-12 Month T-Bill ETF Stock Performance
NYSEARCA BILS traded down $0.28 on Thursday, reaching $99.06. The company had a trading volume of 644,695 shares, compared to its average volume of 397,161. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12 month low of $99.04 and a 12 month high of $99.52. The firm’s 50 day moving average price is $99.27 and its 200 day moving average price is $99.28.
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.
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