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

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) shares saw unusually-high trading volume on Friday . Approximately 301,416 shares were traded during trading, an increase of 123% from the previous session’s volume of 135,064 shares.The stock last traded at $40.51 and had previously closed at $40.51.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

The company has a fifty day moving average price of $40.47 and a two-hundred day moving average price of $40.54.

Institutional Investors Weigh In On SPDR SSgA Ultra Short Term Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ULST. Private Trust Co. NA raised its holdings in shares of 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 buying an additional 1,091 shares during the last quarter. PVG Asset Management Corp acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the 2nd quarter valued at about $225,000. Zega Financial LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter valued at approximately $258,000. Leslie Global Wealth LLC acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter worth approximately $273,000. Finally, JPMorgan Chase & Co. grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 6,117.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,648 shares of the company’s stock valued at $312,000 after purchasing an additional 7,525 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.