Raymond James Financial Inc. Makes New $14.22 Million Investment in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS)

Raymond James Financial Inc. acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 143,418 shares of the company’s stock, valued at approximately $14,220,000.

Other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC grew its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 3,957.7% during the fourth quarter. Proficio Capital Partners LLC now owns 21,889,305 shares of the company’s stock worth $2,170,325,000 after buying an additional 21,349,857 shares during the period. LPL Financial LLC raised its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 14.4% in the fourth 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 period. Renaissance Technologies LLC lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 9.2% during the fourth quarter. Renaissance Technologies LLC now owns 813,900 shares of the company’s stock worth $80,698,000 after purchasing an additional 68,600 shares in the last quarter. Bell Bank boosted its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 68.7% in the fourth quarter. Bell Bank now owns 626,349 shares of the company’s stock worth $62,103,000 after buying an additional 255,070 shares during the period. Finally, Sargent Investment Group LLC grew its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 0.7% in the fourth quarter. Sargent Investment Group LLC now owns 551,801 shares of the company’s stock valued at $54,788,000 after buying an additional 3,765 shares in the last quarter.

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

SPDR Bloomberg 3-12 Month T-Bill ETF stock opened at $99.37 on Tuesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a one year low of $98.96 and a one year high of $99.60. The stock’s 50 day moving average price is $99.31 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.