Hershey Financial Advisers LLC Acquires New Stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Hershey Financial Advisers LLC bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the 4th quarter, HoldingsChannel reports. The firm bought 62,334 shares of the company’s stock, valued at approximately $6,180,000. SPDR Bloomberg 3-12 Month T-Bill ETF accounts for about 5.4% of Hershey Financial Advisers LLC’s portfolio, making the stock its 2nd biggest position.

Several other institutional investors have also added to or reduced their stakes in the business. Proficio Capital Partners LLC boosted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 3,957.7% during the 4th quarter. Proficio Capital Partners LLC now owns 21,889,305 shares of the company’s stock valued at $2,170,325,000 after purchasing an additional 21,349,857 shares during the last quarter. LPL Financial LLC boosted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.4% during the 4th quarter. LPL Financial LLC now owns 2,571,571 shares of the company’s stock valued at $254,971,000 after purchasing an additional 323,911 shares during the last quarter. Miller Investment Management LP boosted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 188.0% during 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 stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 68.7% during the 4th quarter. Bell Bank now owns 626,349 shares of the company’s stock valued at $62,103,000 after purchasing an additional 255,070 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 4.7% in the 3rd 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

BILS stock opened at $99.40 on Monday. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1 year low of $98.96 and a 1 year high of $99.60. The stock’s fifty day moving average price is $99.32 and its 200-day moving average price is $99.30.

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.