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 changed hands 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 business’s 50-day simple moving average is $40.39 and its two-hundred day simple moving average is $40.37.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Richardson Financial Services Inc. purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the first quarter worth about $392,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 1st quarter worth approximately $657,000. Moloney Securities Asset Management LLC lifted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 7.9% during the 1st quarter. Moloney Securities Asset Management LLC now owns 83,493 shares of the company’s stock worth $3,381,000 after buying an additional 6,109 shares in the last quarter. Auour Investments LLC lifted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 5.6% during the 1st quarter. Auour Investments LLC now owns 132,108 shares of the company’s stock worth $5,350,000 after buying an additional 7,019 shares in the last quarter. Finally, Gradient Investments LLC increased its holdings in SPDR SSgA Ultra Short Term Bond ETF by 6.8% during the 1st quarter. Gradient Investments LLC now owns 1,559,274 shares of the company’s stock worth $63,151,000 after purchasing an additional 99,639 shares during the period.

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.