SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Sees Large Volume Increase – Should You Buy?

Posted by Jeff Wilder on Jan 31st, 2025

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 263,865 shares traded hands during trading, an increase of 103% from the previous session’s volume of 130,120 shares.The stock last traded at $40.60 and had previously closed at $40.54.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

The business has a 50 day moving average price of $40.47 and a 200 day moving average price of $40.55.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of ULST. Paladin Wealth LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter worth $1,520,000. Mattson Financial Services LLC bought a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the second quarter valued at about $4,027,000. Sanctuary Advisors LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the second quarter worth about $505,000. Elmwood Wealth Management Inc. grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 5.9% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 42,632 shares of the company’s stock worth $1,739,000 after acquiring an additional 2,379 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in SPDR SSgA Ultra Short Term Bond ETF by 17.4% during the 3rd quarter. Private Advisor Group LLC now owns 38,859 shares of the company’s stock valued at $1,585,000 after purchasing an additional 5,760 shares during the period.

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.