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

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULSTGet Free Report) saw an uptick in trading volume on Tuesday . 179,866 shares changed hands during trading, an increase of 72% from the previous session’s volume of 104,734 shares.The stock last traded at $40.42 and had previously closed at $40.42.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

The stock has a fifty day moving average price of $40.48 and a 200-day moving average price of $40.54.

Hedge Funds Weigh In On SPDR SSgA Ultra Short Term Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Private Trust Co. NA increased its holdings in SPDR SSgA Ultra Short Term Bond ETF by 177.1% during the 3rd quarter. Private Trust Co. NA now owns 1,707 shares of the company’s stock worth $70,000 after purchasing an additional 1,091 shares during the last quarter. PVG Asset Management Corp acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth about $225,000. Zega Financial LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the third quarter valued at approximately $258,000. Leslie Global Wealth LLC bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the third quarter valued at approximately $273,000. Finally, JPMorgan Chase & Co. raised its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 6,117.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,648 shares of the company’s stock worth $312,000 after purchasing an additional 7,525 shares during the period.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

(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.

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