Kraft Davis & Associates LLC Invests $4.23 Million in SPDR SSgA Ultra Short Term Bond ETF $ULST

Kraft Davis & Associates LLC acquired a new position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 104,871 shares of the company’s stock, valued at approximately $4,228,000.

Other hedge funds have also recently bought and sold shares of the company. CWM LLC grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.8% during the fourth quarter. CWM LLC now owns 3,802,612 shares of the company’s stock worth $154,025,000 after purchasing an additional 240,602 shares during the period. BIP Wealth LLC lifted its stake in SPDR SSgA Ultra Short Term Bond ETF by 3.7% in the first quarter. BIP Wealth LLC now owns 588,178 shares of the company’s stock valued at $23,821,000 after buying an additional 21,195 shares during the period. Bank of America Corp DE lifted its stake in SPDR SSgA Ultra Short Term Bond ETF by 6.5% in the first quarter. Bank of America Corp DE now owns 277,650 shares of the company’s stock valued at $11,245,000 after buying an additional 16,998 shares during the period. ORBA Wealth Advisors L.L.C. boosted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 26.0% during the fourth quarter. ORBA Wealth Advisors L.L.C. now owns 182,305 shares of the company’s stock worth $7,384,000 after buying an additional 37,613 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 40.0% during the second quarter. AQR Capital Management LLC now owns 148,419 shares of the company’s stock worth $6,035,000 after buying an additional 42,435 shares during the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Down 0.0%

Shares of SPDR SSgA Ultra Short Term Bond ETF stock opened at $40.31 on Tuesday. The stock’s fifty day simple moving average is $40.35 and its 200 day simple moving average is $40.44. SPDR SSgA Ultra Short Term Bond ETF has a 12 month low of $40.20 and a 12 month high of $40.72.

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