SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Sees Unusually-High Trading Volume – What’s Next?

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) saw unusually-strong trading volume on Friday . Approximately 263,865 shares were traded during mid-day trading, an increase of 103% from the previous session’s volume of 130,120 shares.The stock last traded at $40.60 and had previously closed at $40.54.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

The stock’s 50 day moving average is $40.47 and its 200-day moving average is $40.55.

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

Institutional investors have recently made changes to their positions in the company. Private Trust Co. NA boosted its stake in SPDR SSgA Ultra Short Term Bond ETF by 177.1% during the 3rd quarter. Private Trust Co. NA now owns 1,707 shares of the company’s stock valued at $70,000 after purchasing an additional 1,091 shares during the last quarter. Fifth Third Securities Inc. bought a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the fourth quarter worth $204,000. Authentikos Wealth Advisory LLC increased its position in SPDR SSgA Ultra Short Term Bond ETF by 127.3% during the fourth quarter. Authentikos Wealth Advisory LLC now owns 5,800 shares of the company’s stock valued at $234,000 after acquiring an additional 3,248 shares during the last quarter. Zega Financial LLC bought a new position in SPDR SSgA Ultra Short Term Bond ETF in the third quarter valued at about $258,000. Finally, Canvas Wealth Advisors LLC increased its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 4.0% during the 4th quarter. Canvas Wealth Advisors LLC now owns 6,500 shares of the company’s stock valued at $263,000 after purchasing an additional 250 shares during the last quarter.

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.