SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST – Get Free Report) shares saw unusually-strong trading volume on Wednesday. 709,876 shares were traded during mid-day trading, an increase of 605% from the average daily volume of 100,648 shares. The stock last traded at $40.21 and had previously closed at $40.17.
SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.1%
The company has a 50 day moving average price of $40.25 and a 200 day moving average price of $40.39.
Hedge Funds Weigh In On SPDR SSgA Ultra Short Term Bond ETF
Institutional investors have recently bought and sold shares of the company. BIP Wealth LLC raised its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.1% during the 3rd quarter. BIP Wealth LLC now owns 705,431 shares of the company’s stock worth $28,390,000 after buying an additional 40,329 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.5% in the 1st quarter. Bank of America Corp DE now owns 277,650 shares of the company’s stock valued at $11,245,000 after buying an additional 16,998 shares during the period. David Kennon Inc boosted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 0.8% in the third quarter. David Kennon Inc now owns 106,986 shares of the company’s stock valued at $4,306,000 after buying an additional 879 shares in the last quarter. Norris Financial Group LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the first quarter valued at approximately $4,305,000. Finally, Kraft Davis & Associates LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the second quarter valued at approximately $4,228,000.
About SPDR SSgA Ultra Short Term Bond ETF
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.
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