Eldridge Investment Advisors Inc. Raises Holdings in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Eldridge Investment Advisors Inc. raised its position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 28.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,303 shares of the company’s stock after acquiring an additional 10,203 shares during the quarter. Eldridge Investment Advisors Inc. owned approximately 0.33% of SPDR SSgA Ultra Short Term Bond ETF worth $1,870,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of ULST. Commonwealth Equity Services LLC boosted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 14.9% in the third quarter. Commonwealth Equity Services LLC now owns 12,398 shares of the company’s stock worth $499,000 after acquiring an additional 1,606 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter worth $1,170,000. Gradient Investments LLC grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 44.2% during the 3rd quarter. Gradient Investments LLC now owns 1,026,375 shares of the company’s stock valued at $41,332,000 after acquiring an additional 314,539 shares during the period. Arete Wealth Advisors LLC bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the third quarter worth approximately $1,192,000. Finally, Congress Wealth Management LLC DE purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter worth $13,372,000.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.0 %

ULST stock traded up $0.01 during midday trading on Thursday, hitting $40.28. The company’s stock had a trading volume of 280,978 shares, compared to its average volume of 116,920. The company has a 50 day moving average of $40.40 and a two-hundred day moving average of $40.37. SPDR SSgA Ultra Short Term Bond ETF has a 12 month low of $40.07 and a 12 month high of $40.69.

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.