Prestige Wealth Management Group LLC Takes $427,000 Position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Prestige Wealth Management Group LLC bought a new position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 10,556 shares of the company’s stock, valued at approximately $427,000. Prestige Wealth Management Group LLC owned approximately 0.07% of SPDR SSgA Ultra Short Term Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the fourth quarter worth $21,066,000. Ieq Capital LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 4th quarter worth $10,801,000. Avestar Capital LLC raised its holdings in 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 valued at $23,091,000 after acquiring an additional 115,246 shares during the period. Copley Financial Group Inc. purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the third quarter valued at about $3,752,000. Finally, LPL Financial LLC boosted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 4.5% in the fourth quarter. LPL Financial LLC now owns 1,125,289 shares of the company’s stock worth $45,473,000 after acquiring an additional 48,588 shares during the period.

SPDR SSgA Ultra Short Term Bond ETF Trading Down 0.1 %

NYSEARCA:ULST opened at $40.57 on Tuesday. The stock has a 50-day moving average price of $40.51 and a 200 day moving average price of $40.53. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.24 and a 12-month high of $40.84.

About SPDR SSgA Ultra Short Term Bond ETF

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.