McAdam LLC Invests $265,000 in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

McAdam LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULSTFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,560 shares of the company’s stock, valued at approximately $265,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Avestar Capital LLC boosted its stake in SPDR SSgA Ultra Short Term Bond ETF by 25.6% during the 3rd quarter. Avestar Capital LLC now owns 566,224 shares of the company’s stock worth $23,091,000 after purchasing an additional 115,246 shares during the last quarter. Copley Financial Group Inc. purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the third quarter worth about $3,752,000. BIP Wealth LLC boosted its position in SPDR SSgA Ultra Short Term Bond ETF by 19.6% during the third quarter. BIP Wealth LLC now owns 468,672 shares of the company’s stock worth $19,112,000 after acquiring an additional 76,726 shares during the last quarter. Paladin Wealth LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter valued at about $1,520,000. Finally, Gradient Investments LLC raised its holdings in SPDR SSgA Ultra Short Term Bond ETF by 2.2% in the 4th quarter. Gradient Investments LLC now owns 1,745,483 shares of the company’s stock valued at $70,535,000 after acquiring an additional 36,987 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 $40.40 on Tuesday. The stock’s 50 day simple moving average is $40.47 and its 200-day simple moving average is $40.55. SPDR SSgA Ultra Short Term Bond ETF has a 1-year low of $40.24 and a 1-year high of $40.84.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

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