SPDR SSgA Ultra Short Term Bond ETF $ULST Shares Sold by Avestar Capital LLC

Avestar Capital LLC decreased its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 9.0% during the 3rd quarter, Holdings Channel reports. The firm owned 572,364 shares of the company’s stock after selling 56,356 shares during the quarter. SPDR SSgA Ultra Short Term Bond ETF comprises 1.8% of Avestar Capital LLC’s holdings, making the stock its 8th largest position. Avestar Capital LLC’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $23,035,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Norris Financial Group LLC bought a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 1st quarter worth approximately $4,305,000. Kraft Davis & Associates LLC bought a new position in SPDR SSgA Ultra Short Term Bond ETF during the second quarter valued at about $4,228,000. Farther Finance Advisors LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the third quarter worth about $2,241,000. Coppell Advisory Solutions LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth about $2,004,000. Finally, BIP Wealth LLC raised its position in SPDR SSgA Ultra Short Term Bond ETF by 6.1% in the third quarter. BIP Wealth LLC now owns 705,431 shares of the company’s stock worth $28,390,000 after acquiring an additional 40,329 shares during the period.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

SPDR SSgA Ultra Short Term Bond ETF stock opened at $40.31 on Friday. The firm has a 50 day moving average price of $40.26 and a 200-day moving average price of $40.39. SPDR SSgA Ultra Short Term Bond ETF has a twelve month low of $40.11 and a twelve month high of $40.70.

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. ULST was launched on Oct 9, 2013 and is managed by State Street.