SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Sees Strong Trading Volume

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) shares saw unusually-strong trading volume on Thursday . Approximately 140,574 shares changed hands during mid-day trading, an increase of 23% from the previous session’s volume of 113,863 shares.The stock last traded at $40.28 and had previously closed at $40.27.

SPDR SSgA Ultra Short Term Bond ETF Stock Up 0.0 %

The business’s fifty day moving average is $40.40 and its two-hundred day moving average is $40.37.

Hedge Funds Weigh In On SPDR SSgA Ultra Short Term Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. LPL Financial LLC boosted its stake in SPDR SSgA Ultra Short Term Bond ETF by 16.2% in the third quarter. LPL Financial LLC now owns 1,058,882 shares of the company’s stock valued at $42,641,000 after acquiring an additional 147,708 shares during the last quarter. Valmark Advisers Inc. bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the fourth quarter worth $538,000. CWM LLC boosted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 30.7% during the fourth quarter. CWM LLC now owns 1,131,051 shares of the company’s stock worth $45,672,000 after purchasing an additional 265,510 shares in the last quarter. Harbour Investments Inc. boosted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 37.1% during the third quarter. Harbour Investments Inc. now owns 13,399 shares of the company’s stock worth $540,000 after purchasing an additional 3,627 shares in the last quarter. Finally, Redwood Financial Network Corp bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the third quarter worth $289,000.

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.