SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Sees Large Volume Increase – What’s Next?

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULSTGet Free Report) saw an uptick in trading volume on Monday . 565,715 shares were traded during trading, an increase of 342% from the previous session’s volume of 127,946 shares.The stock last traded at $40.56 and had previously closed at $40.53.

SPDR SSgA Ultra Short Term Bond ETF Stock Up 0.1 %

The stock has a 50 day simple moving average of $40.48 and a 200-day simple moving average of $40.54.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the 4th quarter valued at about $21,066,000. Ieq Capital LLC purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the 4th quarter worth approximately $10,801,000. Avestar Capital LLC increased its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 25.6% during the 3rd quarter. Avestar Capital LLC now owns 566,224 shares of the company’s stock valued at $23,091,000 after purchasing an additional 115,246 shares during the last quarter. Copley Financial Group Inc. purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter valued at $3,752,000. Finally, BIP Wealth LLC lifted its position in SPDR SSgA Ultra Short Term Bond ETF by 19.6% in the third quarter. BIP Wealth LLC now owns 468,672 shares of the company’s stock worth $19,112,000 after buying an additional 76,726 shares during the last quarter.

About SPDR SSgA Ultra Short Term Bond ETF

(Get Free Report)

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.

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