BIP Wealth LLC Raises Position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

BIP Wealth LLC lifted its stake in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 19.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 468,672 shares of the company’s stock after acquiring an additional 76,726 shares during the period. SPDR SSgA Ultra Short Term Bond ETF makes up 1.3% of BIP Wealth LLC’s portfolio, making the stock its 11th largest holding. BIP Wealth LLC’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $19,112,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Prime Capital Investment Advisors LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 2.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 12,644 shares of the company’s stock valued at $516,000 after purchasing an additional 281 shares during the period. Verus Capital Partners LLC lifted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 8.7% during the 3rd quarter. Verus Capital Partners LLC now owns 107,848 shares of the company’s stock valued at $4,398,000 after buying an additional 8,660 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 4.0% during the 3rd quarter. Harbour Investments Inc. now owns 16,629 shares of the company’s stock valued at $678,000 after acquiring an additional 643 shares during the period. Advisor Resource Council purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter worth approximately $696,000. Finally, Leslie Global Wealth LLC bought a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter worth approximately $273,000.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of NYSEARCA ULST opened at $40.52 on Tuesday. SPDR SSgA Ultra Short Term Bond ETF has a 1 year low of $40.24 and a 1 year high of $40.84. The firm has a fifty day moving average price of $40.60 and a 200-day moving average price of $40.52.

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.