Kraft Davis & Associates LLC Purchases 132,021 Shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Kraft Davis & Associates LLC grew its position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 124.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 238,097 shares of the company’s stock after acquiring an additional 132,021 shares during the period. SPDR SSgA Ultra Short Term Bond ETF accounts for 2.9% of Kraft Davis & Associates LLC’s portfolio, making the stock its 14th largest holding. Kraft Davis & Associates LLC owned about 1.71% of SPDR SSgA Ultra Short Term Bond ETF worth $9,651,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. LPL Financial LLC increased its holdings in shares of 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 purchasing an additional 147,708 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 37.1% in the third 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. Redwood Financial Network Corp acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the third quarter valued at approximately $289,000. Sigma Planning Corp acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the third quarter valued at approximately $371,000. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the fourth quarter valued at approximately $850,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

ULST remained flat at $40.36 during trading on Friday. 113,593 shares of the company’s stock were exchanged, compared to its average volume of 118,824. The firm has a fifty day moving average of $40.41 and a two-hundred day moving average of $40.35. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.07 and a 12-month high of $40.69.

SPDR SSgA Ultra Short Term Bond ETF 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.