SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Sees Unusually-High Trading Volume – Time to Buy?

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) shares saw unusually-strong trading volume on Friday. 272,231 shares changed hands during mid-day trading, an increase of 165% from the previous session’s volume of 102,800 shares. The stock last traded at $40.25 and had previously closed at $40.19.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.0%

The firm has a fifty day moving average price of $40.27 and a 200 day moving average price of $40.35.

Institutional Investors Weigh In On SPDR SSgA Ultra Short Term Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Salem Investment Counselors Inc. boosted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 2.6% in the 3rd quarter. Salem Investment Counselors Inc. now owns 18,871 shares of the company’s stock valued at $759,000 after purchasing an additional 475 shares during the last quarter. David Kennon Inc raised its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 0.8% during the 3rd quarter. David Kennon Inc now owns 106,986 shares of the company’s stock valued at $4,306,000 after buying an additional 879 shares during the period. Wisconsin Wealth Advisors LLC raised its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 12.5% during the 3rd quarter. Wisconsin Wealth Advisors LLC now owns 8,098 shares of the company’s stock valued at $326,000 after buying an additional 902 shares during the period. Farther Finance Advisors LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the third quarter valued at approximately $2,241,000. Finally, Citadel Advisors LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the second quarter valued at approximately $1,624,000.

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.