SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Hits New 52-Week Low – Here’s What Happened

Shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) hit a new 52-week low during trading on Monday . The company traded as low as $40.23 and last traded at $40.23, with a volume of 385 shares traded. The stock had previously closed at $40.60.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.0 %

The company’s fifty day moving average is $40.56 and its 200 day moving average is $40.54.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Gradient Investments LLC raised its position in SPDR SSgA Ultra Short Term Bond ETF by 12.4% during the second quarter. Gradient Investments LLC now owns 1,753,402 shares of the company’s stock worth $70,960,000 after acquiring an additional 194,128 shares in the last quarter. LPL Financial LLC raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 13.8% in the 2nd quarter. LPL Financial LLC now owns 1,137,180 shares of the company’s stock valued at $46,022,000 after purchasing an additional 138,212 shares during the period. Raymond James & Associates lifted its stake in SPDR SSgA Ultra Short Term Bond ETF by 81.5% in the 2nd quarter. Raymond James & Associates now owns 570,797 shares of the company’s stock valued at $23,100,000 after purchasing an additional 256,273 shares during the last quarter. Avestar Capital LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 25.6% during the third quarter. Avestar Capital LLC now owns 566,224 shares of the company’s stock worth $23,091,000 after purchasing an additional 115,246 shares during the period. Finally, BIP Wealth LLC increased its position in SPDR SSgA Ultra Short Term Bond ETF by 19.6% during 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.

SPDR SSgA Ultra Short Term Bond ETF Company 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.