BIP Wealth LLC Boosts Holdings in SPDR SSgA Ultra Short Term Bond ETF $ULST

BIP Wealth LLC grew its position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 3.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 588,178 shares of the company’s stock after purchasing an additional 21,195 shares during the period. SPDR SSgA Ultra Short Term Bond ETF makes up 1.0% of BIP Wealth LLC’s portfolio, making the stock its 19th biggest holding. BIP Wealth LLC owned about 3.97% of SPDR SSgA Ultra Short Term Bond ETF worth $23,821,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in ULST. Flagship Harbor Advisors LLC purchased a new position in SPDR SSgA Ultra Short Term Bond ETF during the fourth quarter worth about $36,000. Geneos Wealth Management Inc. purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the first quarter worth about $37,000. Wells Fargo & Company MN grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 280,500.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,806 shares of the company’s stock worth $114,000 after purchasing an additional 2,805 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the third quarter worth approximately $226,000. Finally, Lane Brothers & Co. Inc. bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the fourth quarter worth approximately $233,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of SPDR SSgA Ultra Short Term Bond ETF stock opened at $40.31 on Friday. SPDR SSgA Ultra Short Term Bond ETF has a 1 year low of $40.20 and a 1 year high of $40.72. The company has a 50 day simple moving average of $40.40 and a two-hundred day simple moving average of $40.47.

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.