SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Stock Price Breaks Below 200-Day Moving Average – Time to Sell?

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS – Get Free Report) passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $99.28 and traded as low as $99.09. SPDR Bloomberg 3-12 Month T-Bill ETF shares last traded at $99.10, with a volume of 681,392 shares trading hands.

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

The stock’s 50 day moving average is $99.24 and its two-hundred day moving average is $99.28.

Institutional Trading of SPDR Bloomberg 3-12 Month T-Bill ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Kera Capital Partners Inc. lifted its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 170.0% in the 1st quarter. Kera Capital Partners Inc. now owns 265,419 shares of the company’s stock valued at $26,393,000 after purchasing an additional 167,113 shares during the period. NewEdge Advisors LLC boosted its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 237.3% in the 1st quarter. NewEdge Advisors LLC now owns 311,758 shares of the company’s stock worth $31,001,000 after purchasing an additional 219,333 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 48.2% during the third quarter. Farther Finance Advisors LLC now owns 105,889 shares of the company’s stock worth $10,519,000 after purchasing an additional 34,438 shares during the period. Quadrant Capital Group LLC acquired a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the third quarter worth $6,604,000. Finally, CWA Asset Management Group LLC increased its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 5.3% in the third quarter. CWA Asset Management Group LLC now owns 194,613 shares of the company’s stock valued at $19,333,000 after purchasing an additional 9,755 shares during the last quarter.

About SPDR Bloomberg 3-12 Month T-Bill ETF

(Get Free Report)

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.

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