Advisor Resource Council Purchases New Holdings in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Advisor Resource Council acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 17,065 shares of the company’s stock, valued at approximately $696,000. Advisor Resource Council owned approximately 0.12% of SPDR SSgA Ultra Short Term Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James & Associates grew its stake in SPDR SSgA Ultra Short Term Bond ETF by 81.5% in the 2nd quarter. Raymond James & Associates now owns 570,797 shares of the company’s stock valued at $23,100,000 after acquiring an additional 256,273 shares during the last quarter. Gradient Investments LLC raised its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 12.4% during the 2nd quarter. Gradient Investments LLC now owns 1,753,402 shares of the company’s stock worth $70,960,000 after purchasing an additional 194,128 shares during the last quarter. LPL Financial LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 13.8% during the 2nd quarter. LPL Financial LLC now owns 1,137,180 shares of the company’s stock valued at $46,022,000 after buying an additional 138,212 shares during the last quarter. Mattson Financial Services LLC purchased a new position in SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth $4,027,000. Finally, Brown Financial Advisors purchased a new position in SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth $3,417,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of NYSEARCA:ULST opened at $40.43 on Thursday. The stock’s fifty day simple moving average is $40.63 and its 200-day simple moving average is $40.52. SPDR SSgA Ultra Short Term Bond ETF has a 52-week low of $40.17 and a 52-week high of $40.84.

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.