SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Shares Bought by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC raised its position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 4.0% during the 4th quarter, Holdings Channel reports. The firm owned 6,500 shares of the company’s stock after buying an additional 250 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $263,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of ULST. Avestar Capital LLC raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 25.6% during the third 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. acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter worth about $3,752,000. BIP Wealth LLC raised its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 19.6% during the 3rd quarter. BIP Wealth LLC now owns 468,672 shares of the company’s stock valued at $19,112,000 after buying an additional 76,726 shares during the last quarter. Paladin Wealth LLC acquired a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter valued at about $1,520,000. Finally, Gradient Investments LLC boosted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 2.2% in the fourth quarter. Gradient Investments LLC now owns 1,745,483 shares of the company’s stock worth $70,535,000 after buying an additional 36,987 shares during the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of NYSEARCA ULST opened at $40.44 on Monday. The firm’s 50 day simple moving average is $40.45 and its 200-day simple moving average is $40.55. SPDR SSgA Ultra Short Term Bond ETF has a 12 month low of $40.24 and a 12 month high of $40.84.

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.