SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST – Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,185 shares, a decrease of 92.1% from the May 14th total of 27,591 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 248,317 shares, the short-interest ratio is presently 0.0 days.
SPDR SSgA Ultra Short Term Bond ETF Price Performance
SPDR SSgA Ultra Short Term Bond ETF stock traded up $0.01 during midday trading on Thursday, hitting $40.36. 53,330 shares of the stock were exchanged, compared to its average volume of 130,782. SPDR SSgA Ultra Short Term Bond ETF has a fifty-two week low of $40.20 and a fifty-two week high of $40.72. The stock’s 50-day simple moving average is $40.42 and its 200 day simple moving average is $40.50.
Institutional Investors Weigh In On SPDR SSgA Ultra Short Term Bond ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Trilogy Capital Inc. boosted its stake in SPDR SSgA Ultra Short Term Bond ETF by 4.1% during the first quarter. Trilogy Capital Inc. now owns 10,080 shares of the company’s stock worth $408,000 after buying an additional 400 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in SPDR SSgA Ultra Short Term Bond ETF by 2.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 18,434 shares of the company’s stock worth $747,000 after buying an additional 418 shares during the period. CGN Advisors LLC boosted its stake in SPDR SSgA Ultra Short Term Bond ETF by 1.6% during the fourth quarter. CGN Advisors LLC now owns 28,376 shares of the company’s stock worth $1,149,000 after buying an additional 441 shares during the period. Ameriprise Financial Inc. boosted its stake in SPDR SSgA Ultra Short Term Bond ETF by 8.6% during the third quarter. Ameriprise Financial Inc. now owns 6,201 shares of the company’s stock worth $252,000 after buying an additional 492 shares during the period. Finally, Assetmark Inc. purchased a new position in SPDR SSgA Ultra Short Term Bond ETF during the third quarter worth about $31,000.
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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