Brown Financial Advisors Sells 521 Shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Brown Financial Advisors cut its position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 0.6% during the 4th quarter, HoldingsChannel reports. The firm owned 88,103 shares of the company’s stock after selling 521 shares during the period. SPDR SSgA Ultra Short Term Bond ETF accounts for about 1.4% of Brown Financial Advisors’ investment portfolio, making the stock its 18th biggest holding. Brown Financial Advisors’ holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $3,560,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ULST. Private Trust Co. NA boosted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 177.1% during the 3rd quarter. Private Trust Co. NA now owns 1,707 shares of the company’s stock valued at $70,000 after buying an additional 1,091 shares in the last quarter. Fifth Third Securities Inc. purchased a new position in SPDR SSgA Ultra Short Term Bond ETF during the 4th quarter valued at about $204,000. Authentikos Wealth Advisory LLC lifted its position in SPDR SSgA Ultra Short Term Bond ETF by 127.3% during the 4th quarter. Authentikos Wealth Advisory LLC now owns 5,800 shares of the company’s stock valued at $234,000 after acquiring an additional 3,248 shares during the period. Zega Financial LLC bought a new stake in SPDR SSgA Ultra Short Term Bond ETF during the third quarter worth about $258,000. Finally, Canvas Wealth Advisors LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 4.0% in the fourth quarter. Canvas Wealth Advisors LLC now owns 6,500 shares of the company’s stock worth $263,000 after purchasing an additional 250 shares during the period.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.1 %

ULST stock opened at $40.57 on Tuesday. The firm has a 50 day moving average price of $40.45 and a 200-day moving average price of $40.55. SPDR SSgA Ultra Short Term Bond ETF has a 52-week low of $40.24 and a 52-week high of $40.84.

SPDR SSgA Ultra Short Term Bond ETF Company 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.