21,885 Shares in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Acquired by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. acquired a new position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) in the 1st quarter, Holdings Channel reports. The firm acquired 21,885 shares of the company’s stock, valued at approximately $886,000.

Several other large investors also recently made changes to their positions in ULST. HighTower Advisors LLC acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter valued at $297,000. LPL Financial LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 16.2% during the 3rd quarter. LPL Financial LLC now owns 1,058,882 shares of the company’s stock valued at $42,641,000 after purchasing an additional 147,708 shares in the last quarter. Harbour Investments Inc. grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 37.1% during the 3rd quarter. Harbour Investments Inc. now owns 13,399 shares of the company’s stock valued at $540,000 after purchasing an additional 3,627 shares in the last quarter. Fortis Group Advisors LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 27.7% during the 3rd quarter. Fortis Group Advisors LLC now owns 19,980 shares of the company’s stock valued at $804,000 after purchasing an additional 4,334 shares in the last quarter. Finally, Advisor Resource Council grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 2,748.7% during the 4th quarter. Advisor Resource Council now owns 209,437 shares of the company’s stock valued at $8,457,000 after purchasing an additional 202,085 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

ULST traded up $0.01 during trading hours on Friday, reaching $40.46. 51,680 shares of the stock traded hands, compared to its average volume of 111,539. SPDR SSgA Ultra Short Term Bond ETF has a fifty-two week low of $40.07 and a fifty-two week high of $40.69. The firm’s fifty day simple moving average is $40.39 and its two-hundred day simple moving average is $40.41.

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.