SPDR SSgA Ultra Short Term Bond ETF $ULST Holdings Lowered by Naples Global Advisors LLC

Naples Global Advisors LLC trimmed its stake in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 38.3% in the 4th quarter, HoldingsChannel reports. The firm owned 20,850 shares of the company’s stock after selling 12,925 shares during the quarter. Naples Global Advisors LLC’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $845,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Assetmark Inc. purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the third quarter valued at $31,000. Flagship Harbor Advisors LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the fourth quarter valued at $36,000. Geneos Wealth Management Inc. purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the first quarter valued at $37,000. Collier Financial purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the third quarter valued at $60,000. Finally, Key Financial Inc purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the third quarter valued at $183,000.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

NYSEARCA:ULST opened at $40.40 on Tuesday. SPDR SSgA Ultra Short Term Bond ETF has a 1-year low of $40.20 and a 1-year high of $40.72. The business’s fifty day moving average price is $40.45 and its 200 day moving average price is $40.53.

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.