Western Wealth Management LLC Decreases Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS

Western Wealth Management LLC decreased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 19.3% in the third quarter, Holdings Channel.com reports. The firm owned 22,500 shares of the company’s stock after selling 5,395 shares during the period. Western Wealth Management LLC’s holdings in SPDR Bloomberg 3-12 Month T-Bill ETF were worth $2,239,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BILS. Jane Street Group LLC purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF in the 1st quarter worth $3,891,000. Concurrent Investment Advisors LLC increased its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 18.5% in the second quarter. Concurrent Investment Advisors LLC now owns 51,347 shares of the company’s stock worth $5,105,000 after buying an additional 8,001 shares during the period. MOKAN Wealth Management Inc. increased its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 7.5% in the second quarter. MOKAN Wealth Management Inc. now owns 111,071 shares of the company’s stock worth $11,044,000 after buying an additional 7,761 shares during the period. Priebe Wealth Holdings LLC lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 99.7% in the 2nd quarter. Priebe Wealth Holdings LLC now owns 33,732 shares of the company’s stock valued at $3,354,000 after acquiring an additional 16,843 shares during the last quarter. Finally, RFG Advisory LLC purchased a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 2nd quarter valued at about $437,000.

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

BILS opened at $99.26 on Tuesday. The stock’s 50 day simple moving average is $99.29 and its 200 day simple moving average is $99.33. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1 year low of $99.08 and a 1 year high of $99.52.

SPDR Bloomberg 3-12 Month T-Bill ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.3016 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.