Richardson Financial Services Inc. Boosts Stake in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Richardson Financial Services Inc. boosted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 100.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,244 shares of the company’s stock after purchasing an additional 9,622 shares during the period. Richardson Financial Services Inc. owned about 0.13% of SPDR SSgA Ultra Short Term Bond ETF worth $782,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of ULST. Rothschild Investment LLC purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the 2nd quarter valued at about $41,000. PVG Asset Management Corp bought a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the second quarter worth about $225,000. AlphaStar Capital Management LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 2nd quarter worth approximately $238,000. Tactive Advisors LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the first quarter valued at $241,000. Finally, Trilogy Capital Inc. raised its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 27.9% during the 1st quarter. Trilogy Capital Inc. now owns 9,180 shares of the company’s stock valued at $372,000 after buying an additional 2,000 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of NYSEARCA:ULST traded up $0.01 during trading on Friday, hitting $40.59. The company had a trading volume of 37,019 shares, compared to its average volume of 105,450. The company has a fifty day simple moving average of $40.66 and a two-hundred day simple moving average of $40.51. SPDR SSgA Ultra Short Term Bond ETF has a one year low of $40.09 and a one year 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.