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 . Approximately 301,416 shares changed hands during trading, an increase of 123% from the previous session’s volume of 135,064 shares.The stock last traded at $40.51 and had previously closed at $40.51.

SPDR SSgA Ultra Short Term Bond ETF Stock Down 0.0 %

The company’s 50 day moving average price is $40.47 and its 200 day moving average price is $40.54.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

Large investors have recently modified their holdings of the stock. CGN Advisors LLC grew its stake in SPDR SSgA Ultra Short Term Bond ETF by 12.2% during the 4th quarter. CGN Advisors LLC now owns 30,291 shares of the company’s stock worth $1,224,000 after purchasing an additional 3,301 shares in the last quarter. Salem Investment Counselors Inc. boosted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 9.1% in the 4th quarter. Salem Investment Counselors Inc. now owns 22,459 shares of the company’s stock valued at $908,000 after buying an additional 1,875 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 18.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 201,908 shares of the company’s stock worth $8,234,000 after buying an additional 31,043 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 6,117.9% during the third quarter. JPMorgan Chase & Co. now owns 7,648 shares of the company’s stock worth $312,000 after buying an additional 7,525 shares during the period. Finally, Copley Financial Group Inc. acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF in the third quarter valued at approximately $3,752,000.

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.