SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Sees Strong Trading Volume – Here’s What Happened

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) shares saw unusually-high trading volume on Tuesday . Approximately 304,807 shares were traded during trading, an increase of 88% from the previous session’s volume of 161,891 shares.The stock last traded at $40.5050 and had previously closed at $40.51.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

The firm has a 50-day simple moving average of $40.59 and a two-hundred day simple moving average of $40.60.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

A number of large investors have recently modified their holdings of ULST. CWM LLC boosted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 13.9% in the third quarter. CWM LLC now owns 3,562,010 shares of the company’s stock valued at $144,938,000 after purchasing an additional 434,344 shares during the period. Avestar Capital LLC lifted its stake in SPDR SSgA Ultra Short Term Bond ETF by 13.0% in the second quarter. Avestar Capital LLC now owns 730,046 shares of the company’s stock worth $29,684,000 after acquiring an additional 84,203 shares during the last quarter. PTM Wealth Management LLC raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 8.2% in the 3rd quarter. PTM Wealth Management LLC now owns 659,864 shares of the company’s stock valued at $26,789,000 after purchasing an additional 50,093 shares in the last quarter. BIP Wealth LLC raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 2.6% in the 3rd quarter. BIP Wealth LLC now owns 553,665 shares of the company’s stock valued at $22,529,000 after purchasing an additional 14,112 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in SPDR SSgA Ultra Short Term Bond ETF by 36.3% in the second quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock valued at $11,130,000 after buying an additional 72,900 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.