ORBA Wealth Advisors L.L.C. Grows Position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

ORBA Wealth Advisors L.L.C. grew its position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 3.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 207,100 shares of the company’s stock after purchasing an additional 6,036 shares during the period. SPDR SSgA Ultra Short Term Bond ETF accounts for about 4.2% of ORBA Wealth Advisors L.L.C.’s portfolio, making the stock its 4th largest holding. ORBA Wealth Advisors L.L.C.’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $8,419,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF during the fourth quarter worth approximately $21,066,000. Ieq Capital LLC bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the 4th quarter valued at $10,801,000. Gradient Investments LLC raised its position in SPDR SSgA Ultra Short Term Bond ETF by 5.8% during the 1st quarter. Gradient Investments LLC now owns 1,847,262 shares of the company’s stock worth $75,091,000 after purchasing an additional 101,779 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in SPDR SSgA Ultra Short Term Bond ETF by 39.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 238,253 shares of the company’s stock worth $9,628,000 after purchasing an additional 67,388 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new position in SPDR SSgA Ultra Short Term Bond ETF during the 4th quarter worth $2,254,000.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of NYSEARCA:ULST opened at $40.55 on Friday. The business has a fifty day simple moving average of $40.54 and a 200 day simple moving average of $40.51. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.24 and a 12-month high of $40.84.

SPDR SSgA Ultra Short Term Bond ETF 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.