Northwestern Mutual Wealth Management Co. Has $12.87 Million Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 19.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 129,475 shares of the company’s stock after acquiring an additional 21,064 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.34% of SPDR Bloomberg 3-12 Month T-Bill ETF worth $12,874,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BILS. Elevation Point Wealth Partners LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the second quarter worth approximately $45,000. Steward Partners Investment Advisory LLC grew its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 107.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 33,748 shares of the company’s stock worth $3,356,000 after buying an additional 17,477 shares in the last quarter. Nemes Rush Group LLC grew its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 19.4% during the second quarter. Nemes Rush Group LLC now owns 7,064 shares of the company’s stock worth $702,000 after buying an additional 1,150 shares in the last quarter. AlphaCore Capital LLC raised its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 24.5% in the 2nd quarter. AlphaCore Capital LLC now owns 80,546 shares of the company’s stock valued at $8,009,000 after buying an additional 15,845 shares during the last quarter. Finally, MAI Capital Management lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 2,034.4% during the 2nd quarter. MAI Capital Management now owns 10,224 shares of the company’s stock valued at $1,017,000 after acquiring an additional 9,745 shares in the last quarter.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Down 0.3%

BILS opened at $99.19 on Tuesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1 year low of $98.99 and a 1 year high of $99.52. The firm’s fifty day moving average price is $99.37 and its two-hundred day moving average price is $99.32.

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.