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

Shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) saw unusually-strong trading volume on Monday . Approximately 90,681 shares traded hands during trading, an increase of 170% from the previous session’s volume of 33,631 shares.The stock last traded at $40.5350 and had previously closed at $40.52.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.0%

The business has a 50-day moving average price of $40.58 and a two-hundred day moving average price of $40.60.

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

Several institutional investors have recently modified their holdings of the company. Crews Bank & Trust boosted its stake in SPDR SSgA Ultra Short Term Bond ETF by 1.3% during the 2nd quarter. Crews Bank & Trust now owns 23,535 shares of the company’s stock valued at $957,000 after purchasing an additional 305 shares during the period. CGN Advisors LLC raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 1.6% during the fourth quarter. CGN Advisors LLC now owns 28,376 shares of the company’s stock valued at $1,149,000 after buying an additional 441 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 8.6% during the third quarter. Ameriprise Financial Inc. now owns 6,201 shares of the company’s stock worth $252,000 after buying an additional 492 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 7.6% during the second quarter. PNC Financial Services Group Inc. now owns 7,072 shares of the company’s stock worth $288,000 after buying an additional 501 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 1.8% in the 2nd quarter. Osaic Holdings Inc. now owns 30,900 shares of the company’s stock worth $1,257,000 after buying an additional 557 shares in the last quarter.

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. ULST was launched on Oct 9, 2013 and is managed by State Street.