Bank of New York Mellon Corp Purchases New Holdings in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Bank of New York Mellon Corp purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,155 shares of the company’s stock, valued at approximately $250,000.

Several other hedge funds have also made changes to their positions in ULST. Comerica Bank increased its stake in SPDR SSgA Ultra Short Term Bond ETF by 3.8% in the 4th quarter. Comerica Bank now owns 10,081 shares of the company’s stock valued at $407,000 after buying an additional 373 shares during the period. 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. Paladin Wealth LLC increased its stake in SPDR SSgA Ultra Short Term Bond ETF by 2.2% in the 1st quarter. Paladin Wealth LLC now owns 31,155 shares of the company’s stock valued at $1,266,000 after buying an additional 681 shares during the period. CX Institutional acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter valued at approximately $40,000. Finally, Western Wealth Management LLC increased its stake in SPDR SSgA Ultra Short Term Bond ETF by 7.9% in the 1st quarter. Western Wealth Management LLC now owns 17,842 shares of the company’s stock valued at $725,000 after buying an additional 1,303 shares during the period.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

SPDR SSgA Ultra Short Term Bond ETF stock opened at $40.54 on Wednesday. The firm’s 50 day moving average price is $40.56 and its two-hundred day moving average price is $40.54. SPDR SSgA Ultra Short Term Bond ETF has a twelve month low of $40.24 and a twelve 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.