Foundations Investment Advisors LLC Trims Stock Position in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Foundations Investment Advisors LLC cut its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 31.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,297 shares of the company’s stock after selling 5,554 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $1,220,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Castlekeep Investment Advisors LLC increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 2.0% during the fourth quarter. Castlekeep Investment Advisors LLC now owns 122,967 shares of the company’s stock worth $12,201,000 after acquiring an additional 2,377 shares during the period. Kingsview Wealth Management LLC purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth approximately $311,000. Studio Investment Management LLC increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 20.7% during the fourth quarter. Studio Investment Management LLC now owns 8,592 shares of the company’s stock worth $852,000 after acquiring an additional 1,471 shares during the period. Horizon Family Wealth Inc. increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 17.5% during the fourth quarter. Horizon Family Wealth Inc. now owns 145,926 shares of the company’s stock worth $14,479,000 after acquiring an additional 21,776 shares during the period. Finally, Cary Street Partners Financial LLC increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 855.8% during the fourth quarter. Cary Street Partners Financial LLC now owns 23,895 shares of the company’s stock worth $2,371,000 after acquiring an additional 21,395 shares during the period.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Up 0.0%

Shares of NYSEARCA:BILS opened at $99.44 on Friday. The firm’s 50 day simple moving average is $99.32 and its 200-day simple moving average is $99.31. SPDR Bloomberg 3-12 Month T-Bill ETF has a one year low of $99.08 and a one year high of $99.52.

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.