BIP Wealth LLC Acquires 40,329 Shares of SPDR SSgA Ultra Short Term Bond ETF $ULST

BIP Wealth LLC lifted its holdings in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 6.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 705,431 shares of the company’s stock after purchasing an additional 40,329 shares during the quarter. SPDR SSgA Ultra Short Term Bond ETF makes up 0.8% of BIP Wealth LLC’s portfolio, making the stock its 28th largest holding. BIP Wealth LLC owned 0.06% of SPDR SSgA Ultra Short Term Bond ETF worth $28,390,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Bank of America Corp DE raised its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.5% in the 1st quarter. Bank of America Corp DE now owns 277,650 shares of the company’s stock worth $11,245,000 after buying an additional 16,998 shares in the last quarter. David Kennon Inc increased its position in SPDR SSgA Ultra Short Term Bond ETF by 0.8% during the third quarter. David Kennon Inc now owns 106,986 shares of the company’s stock worth $4,306,000 after acquiring an additional 879 shares during the period. Norris Financial Group LLC bought a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter valued at $4,305,000. Kraft Davis & Associates LLC bought a new stake in SPDR SSgA Ultra Short Term Bond ETF in the second quarter valued at $4,228,000. Finally, Farther Finance Advisors LLC acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter valued at $2,241,000.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.0%

SPDR SSgA Ultra Short Term Bond ETF stock opened at $40.28 on Friday. The business’s 50-day simple moving average is $40.26 and its 200 day simple moving average is $40.34. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.11 and a 12-month 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.