Valmark Advisers Inc. Increases Position in SPDR SSgA Ultra Short Term Bond ETF $ULST

Valmark Advisers Inc. raised its position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 74.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,565 shares of the company’s stock after purchasing an additional 12,640 shares during the quarter. Valmark Advisers Inc. owned 0.20% of SPDR SSgA Ultra Short Term Bond ETF worth $1,202,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the first quarter valued at approximately $37,000. CX Institutional purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the first quarter valued at approximately $40,000. Cornerstone Planning Group LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the first quarter valued at approximately $46,000. Ameritas Advisory Services LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth $89,000. Finally, Private Trust Co. NA increased its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 553.3% during the first quarter. Private Trust Co. NA now owns 2,306 shares of the company’s stock worth $94,000 after acquiring an additional 1,953 shares during the period.

SPDR SSgA Ultra Short Term Bond ETF Stock Up 0.0%

SPDR SSgA Ultra Short Term Bond ETF stock opened at $40.62 on Friday. SPDR SSgA Ultra Short Term Bond ETF has a twelve month low of $40.24 and a twelve month high of $40.76. The stock’s fifty day simple moving average is $40.62 and its 200-day simple moving average is $40.58.

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.