State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS)
Bank of America Corp DE Reduces Position in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
Bank of America Corp DE trimmed its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 1.3% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,330,914 shares of the company's stock after selling 17,193 shares during the
Cetera Investment Advisers Lowers Stock Holdings in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
Cetera Investment Advisers lowered its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 11.7% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 268,069 shares of the company's stock after selling 35,651 shares
Farther Finance Advisors LLC Has $7.71 Million Position in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
Farther Finance Advisors LLC increased its position in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 172.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 77,715 shares of the company's stock after buying an additional 49,171 shares during the period. Farther Finance
Austin Wealth Management LLC Sells 9,176 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
Austin Wealth Management LLC decreased its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 8.0% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,788 shares of the company's stock after selling 9,176 shares during the period.
Stratos Wealth Partners LTD. Sells 16,048 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
Stratos Wealth Partners LTD. decreased its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 26.2% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,148 shares of the company's stock after selling 16,048 shares during
Cresset Asset Management LLC Purchases Shares of 18,812 SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
Cresset Asset Management LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 18,812 shares of the company's stock, valued at approximately $1,872,000. Several other institutional investors
Citigroup Inc. Sells 27,228 Shares of SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
Citigroup Inc. reduced its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 55.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,867 shares of the company's stock after selling 27,228 shares during the period. Citigroup Inc. owned about
AlphaCore Capital LLC Decreases Stock Position in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
AlphaCore Capital LLC lessened its stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) by 10.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,188 shares of the company's stock after selling 8,358 shares during the period.
C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Acquires New Stake in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 25,564 shares of the company's stock, valued at
Hershey Financial Advisers LLC Invests $4.63 Million in SPDR Bloomberg 3-12 Month T-Bill ETF $BILS
Hershey Financial Advisers LLC bought a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 46,579 shares of the company's stock, valued at approximately $4,631,000. SPDR Bloomberg
BILS: Simple T-Bills Index ETF, Slightly Longer Maturities And Expected Returns
BILS: Simple T-Bills Index ETF, Slightly Longer Maturities And Expected Returns
BILS: Buffett Is Almost 30% In T-Bills, How About You?
BILS invests exclusively in U.S. Treasury bills with maturities between 3 and 12 months, providing exposure to very short-term, low-risk government debt. As it holds only U.S. Treasury bills, BILS carries minimal credit risk, making it a relatively safe haven for capital preservation. BILS can serve as a tool for hedging portfolio risk, offering a stable alternative to more volatile hedging strategies like buying put options or inverse ETFs.
BILS: Good If You're Worried
The SPDR Bloomberg 3-12 Month T-Bill ETF offers a low-risk way to generate yield through short-term Treasury Bills issued by the US government. BILS tracks the performance of the Bloomberg 3-12 Month U.S. Treasury Bill Index and currently has $2.8 billion in assets under management. BILS provides near-guaranteed protection against credit risk and offers a short duration profile to protect against interest-rate risk. However, its total return potential may be lower in a falling rate environment.
BILS: A Place To Park Cash To Pay The Bills
The SPDR® Bloomberg 3-12 Month T-Bill ETF tracks the Bloomberg 3-12 Month U.S. Treasury Bill Index. The BILS fund has a slightly lower performance compared to the index due to its annual expense ratio. The fund is well-positioned for potential rate cuts and is a good choice for investors who believe rate cuts of this magnitude will not occur.
BILS: Rolling 4 Months T-Bills In An ETF Format
BILS is an ETF that tracks the Bloomberg 3-12 Month U.S. Treasury Bill Index, investing primarily in U.S. Treasury Bills with maturities between 3 and 12 months. BILS serves as a cash parking vehicle, offering a slightly higher duration compared to its competitors. It has an AUM of $2.8 billion, a 30-Day SEC Yield of 5.2%, a low expense ratio of 0.135%, and a duration of 0.38 years.
BILS: Finding Shelter In Shorter Duration Treasuries
Longer duration Treasuries are in turmoil, but the front end has been relatively stable. While issuance will ramp up into the year-end, there's enough demand to absorb incoming bill supply. At ~5%, low-cost T-bill ETFs offer a compelling balance of yield and principal protection.
BILS: 5% Isn't Good Enough
Fed funds rate is now above 5%. The yield offered by BILS from a portfolio of T-bills is 5%.