Compass Financial Management LLC Invests $913,000 in SPDR SSgA Ultra Short Term Bond ETF $ULST

Compass Financial Management LLC 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 22,594 shares of the company’s stock, valued at approximately $913,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its stake in SPDR SSgA Ultra Short Term Bond ETF by 28.6% in the first quarter. AQR Capital Management LLC now owns 105,984 shares of the company’s stock valued at $4,308,000 after purchasing an additional 23,540 shares during the last quarter. NewEdge Advisors LLC raised its holdings in 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 stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 1st quarter worth approximately $37,000. Jane Street Group LLC lifted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 349.1% during the 2nd quarter. Jane Street Group LLC now owns 78,904 shares of the company’s stock worth $3,208,000 after buying an additional 61,333 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 36.3% during the 2nd quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock worth $11,130,000 after buying an additional 72,900 shares during the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of SPDR SSgA Ultra Short Term Bond ETF stock opened at $40.37 on Monday. The company has a fifty day simple moving average of $40.35 and a 200-day simple moving average of $40.42. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.20 and a 12-month high of $40.72.

SPDR SSgA Ultra Short Term Bond ETF 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.