SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Shares Break Above Fifty Day Moving Average – Should You Sell?

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)’s stock price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $40.24 and traded as high as $40.26. SPDR SSgA Ultra Short Term Bond ETF shares last traded at $40.25, with a volume of 101,500 shares.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

The stock has a 50 day simple moving average of $40.24 and a 200 day simple moving average of $40.39.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

Several large investors have recently modified their holdings of ULST. Citadel Advisors LLC acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 2nd quarter worth approximately $1,624,000. Kirkwood Financial Services bought a new position in SPDR SSgA Ultra Short Term Bond ETF in the second quarter valued at approximately $801,000. Kraft Davis & Associates LLC bought a new position in SPDR SSgA Ultra Short Term Bond ETF in the second quarter valued at approximately $4,228,000. Compass Financial Management LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF during the second quarter valued at approximately $913,000. Finally, Norris Financial Group LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF during the first quarter valued at approximately $4,305,000.

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. ULST was launched on Oct 9, 2013 and is managed by State Street.