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

Posted by Stephan Jacobs on Jan 9th, 2025

Shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST – Get Free Report) saw strong trading volume on Tuesday . 179,866 shares changed hands during mid-day trading, an increase of 72% from the previous session’s volume of 104,734 shares.The stock last traded at $40.42 and had previously closed at $40.42.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

The stock’s fifty day simple moving average is $40.47 and its two-hundred day simple moving average is $40.54.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC lifted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 2.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 12,644 shares of the company’s stock worth $516,000 after purchasing an additional 281 shares in the last quarter. Capstone Wealth Management Group LLC grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 3.8% during the 3rd quarter. Capstone Wealth Management Group LLC now owns 10,506 shares of the company’s stock valued at $428,000 after acquiring an additional 382 shares in the last quarter. Harbour Investments Inc. boosted its position in SPDR SSgA Ultra Short Term Bond ETF by 4.0% during the third quarter. Harbour Investments Inc. now owns 16,629 shares of the company’s stock valued at $678,000 after purchasing an additional 643 shares during the last quarter. Private Trust Co. NA grew its stake in SPDR SSgA Ultra Short Term Bond ETF by 177.1% in the third quarter. Private Trust Co. NA now owns 1,707 shares of the company’s stock valued at $70,000 after purchasing an additional 1,091 shares in the last quarter. Finally, Elmwood Wealth Management Inc. increased its position in SPDR SSgA Ultra Short Term Bond ETF by 5.9% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 42,632 shares of the company’s stock worth $1,739,000 after purchasing an additional 2,379 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.