Kraft Davis & Associates LLC Has $446,000 Holdings in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Kraft Davis & Associates LLC trimmed its position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 4.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 10,988 shares of the company’s stock after selling 456 shares during the period. Kraft Davis & Associates LLC’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $446,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC boosted its stake in SPDR SSgA Ultra Short Term Bond ETF by 92.2% in the 4th quarter. Jane Street Group LLC now owns 22,622 shares of the company’s stock worth $914,000 after purchasing an additional 10,855 shares during the period. Bank of America Corp DE lifted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 10.9% in the fourth quarter. Bank of America Corp DE now owns 213,745 shares of the company’s stock worth $8,637,000 after purchasing an additional 20,930 shares in the last quarter. Kingswood Wealth Advisors LLC increased its stake in SPDR SSgA Ultra Short Term Bond ETF by 5.8% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 7,915 shares of the company’s stock valued at $321,000 after buying an additional 433 shares during the period. Steward Partners Investment Advisory LLC increased its stake in SPDR SSgA Ultra Short Term Bond ETF by 9.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,109 shares of the company’s stock valued at $691,000 after buying an additional 1,530 shares during the period. Finally, Wealthcare Advisory Partners LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter worth approximately $339,000.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of NYSEARCA:ULST opened at $40.60 on Thursday. The firm has a fifty day moving average of $40.55 and a two-hundred day moving average of $40.52. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.24 and a 12-month 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.