Synergy Investment Management LLC Invests $31,000 in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Synergy Investment Management LLC bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 771 shares of the company’s stock, valued at approximately $31,000.

A number of other large investors have also modified their holdings of the business. Gradient Investments LLC grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 2.2% during 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 in the last quarter. Avestar Capital LLC grew 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 buying an additional 115,246 shares in the last quarter. BIP Wealth LLC grew its holdings in shares of 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 buying an additional 76,726 shares in the last quarter. Ieq Capital LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the fourth quarter worth $10,801,000. Finally, David Kennon Inc grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 4.3% during the fourth quarter. David Kennon Inc now owns 205,715 shares of the company’s stock worth $8,313,000 after buying an additional 8,487 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of ULST opened at $40.51 on Thursday. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.24 and a 12-month high of $40.84. The firm has a 50-day moving average price of $40.48 and a 200 day moving average price of $40.55.

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.