Elmwood Wealth Management Inc. Boosts Holdings in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Elmwood Wealth Management Inc. raised its position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 5.9% during the third quarter, HoldingsChannel reports. The fund owned 42,632 shares of the company’s stock after acquiring an additional 2,379 shares during the quarter. Elmwood Wealth Management Inc.’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $1,739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James & Associates grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 81.5% during the 2nd quarter. Raymond James & Associates now owns 570,797 shares of the company’s stock valued at $23,100,000 after purchasing an additional 256,273 shares during the last quarter. Gradient Investments LLC grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 12.4% during the second quarter. Gradient Investments LLC now owns 1,753,402 shares of the company’s stock valued at $70,960,000 after buying an additional 194,128 shares during the last quarter. LPL Financial LLC raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 13.8% in the second quarter. LPL Financial LLC now owns 1,137,180 shares of the company’s stock worth $46,022,000 after buying an additional 138,212 shares during the period. Mattson Financial Services LLC bought a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 2nd quarter worth approximately $4,027,000. Finally, Brown Financial Advisors bought a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 2nd quarter worth approximately $3,417,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

SPDR SSgA Ultra Short Term Bond ETF stock traded down $0.03 during mid-day trading on Monday, hitting $40.56. The company’s stock had a trading volume of 67,115 shares, compared to its average volume of 106,279. SPDR SSgA Ultra Short Term Bond ETF has a one year low of $40.09 and a one year high of $40.84. The company has a 50 day moving average of $40.65 and a 200-day moving average of $40.50.

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.