Magnolia Private Wealth LLC Takes Position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Magnolia Private Wealth LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the fourth quarter, HoldingsChannel.com reports. The fund bought 40,489 shares of the company’s stock, valued at approximately $4,014,000. SPDR Bloomberg 3-12 Month T-Bill ETF accounts for approximately 2.3% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 7th biggest position.

Other large investors also recently bought and sold shares of the company. Checchi Capital Advisers LLC purchased a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter worth $242,000. Pine Valley Investments Ltd Liability Co lifted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 21.4% in the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 20,590 shares of the company’s stock valued at $2,041,000 after acquiring an additional 3,633 shares during the last quarter. Capital Advisors Ltd. LLC grew its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 7.7% in the fourth quarter. Capital Advisors Ltd. LLC now owns 20,059 shares of the company’s stock worth $1,989,000 after acquiring an additional 1,431 shares in the last quarter. Birchcreek Wealth Management LLC grew its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 49.6% in the fourth quarter. Birchcreek Wealth Management LLC now owns 113,227 shares of the company’s stock worth $11,226,000 after acquiring an additional 37,529 shares in the last quarter. Finally, Turning Point Benefit Group Inc. bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth approximately $549,000.

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

Shares of BILS opened at $99.42 on Wednesday. The business has a fifty day moving average of $99.27 and a 200 day moving average of $99.31. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $98.96 and a 52-week high of $99.60.

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.