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

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) saw an uptick in trading volume on Thursday . 140,574 shares were traded during 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 Performance

The company has a 50 day simple moving average of $40.40 and a 200 day simple moving average of $40.37.

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

A number of large investors have recently modified their holdings of ULST. Moloney Securities Asset Management LLC grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 7.9% in the 1st quarter. Moloney Securities Asset Management LLC now owns 83,493 shares of the company’s stock worth $3,381,000 after acquiring an additional 6,109 shares during the period. Auour Investments LLC grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 5.6% in the 1st quarter. Auour Investments LLC now owns 132,108 shares of the company’s stock worth $5,350,000 after acquiring an additional 7,019 shares during the period. Gradient Investments LLC grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.8% in the 1st quarter. Gradient Investments LLC now owns 1,559,274 shares of the company’s stock worth $63,151,000 after acquiring an additional 99,639 shares during the period. Raymond James & Associates grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 13.7% in the 1st quarter. Raymond James & Associates now owns 314,524 shares of the company’s stock worth $12,738,000 after acquiring an additional 37,896 shares during the period. Finally, Congress Wealth Management LLC DE grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 0.5% in the 1st quarter. Congress Wealth Management LLC DE now owns 336,839 shares of the company’s stock worth $13,642,000 after acquiring an additional 1,608 shares during the period.

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.