Kirkwood Financial Services Acquires New Stake in SPDR SSgA Ultra Short Term Bond ETF $ULST

Kirkwood Financial Services bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 19,824 shares of the company’s stock, valued at approximately $801,000. SPDR SSgA Ultra Short Term Bond ETF makes up approximately 0.2% of Kirkwood Financial Services’ portfolio, making the stock its 20th largest position.

A number of other institutional investors have also added to or reduced their stakes in the business. AQR Capital Management LLC raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 28.6% in the 1st quarter. AQR Capital Management LLC now owns 105,984 shares of the company’s stock valued at $4,308,000 after acquiring an additional 23,540 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 45.4% during the first quarter. NewEdge Advisors LLC now owns 16,130 shares of the company’s stock worth $656,000 after purchasing an additional 5,038 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the first quarter worth about $37,000. Jane Street Group LLC increased its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 349.1% in the second quarter. Jane Street Group LLC now owns 78,904 shares of the company’s stock worth $3,208,000 after purchasing an additional 61,333 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 36.3% in the second quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock worth $11,130,000 after purchasing an additional 72,900 shares during the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Down 0.0%

Shares of ULST opened at $40.28 on Monday. The firm’s 50 day simple moving average is $40.34 and its 200 day simple moving average is $40.41. SPDR SSgA Ultra Short Term Bond ETF has a 1-year low of $40.20 and a 1-year high of $40.72.

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.