Avestar Capital LLC Increases Stock Holdings in SPDR SSgA Ultra Short Term Bond ETF $ULST

Avestar Capital LLC raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 13.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 730,046 shares of the company’s stock after purchasing an additional 84,203 shares during the quarter. SPDR SSgA Ultra Short Term Bond ETF makes up approximately 2.0% of Avestar Capital LLC’s portfolio, making the stock its 8th largest holding. Avestar Capital LLC owned 5.15% of SPDR SSgA Ultra Short Term Bond ETF worth $29,684,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ULST. PNC Financial Services Group Inc. boosted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 26.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,571 shares of the company’s stock worth $267,000 after buying an additional 1,356 shares during the period. Global View Capital Management LLC boosted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 50.8% in the first quarter. Global View Capital Management LLC now owns 33,815 shares of the company’s stock worth $1,375,000 after acquiring an additional 11,385 shares during the period. ZEGA Investments LLC boosted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 237.6% in the first quarter. ZEGA Investments LLC now owns 30,747 shares of the company’s stock worth $1,250,000 after acquiring an additional 21,639 shares during the period. Barnes Wealth Management Group Inc grew its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 11.4% in the first quarter. Barnes Wealth Management Group Inc now owns 38,074 shares of the company’s stock valued at $1,548,000 after purchasing an additional 3,905 shares in the last quarter. Finally, Leslie Global Wealth LLC raised its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 24.7% during the 1st quarter. Leslie Global Wealth LLC now owns 7,077 shares of the company’s stock valued at $288,000 after purchasing an additional 1,402 shares during the period.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of ULST opened at $40.54 on Friday. SPDR SSgA Ultra Short Term Bond ETF has a 52-week low of $40.24 and a 52-week high of $40.76. The stock’s 50-day simple moving average is $40.63 and its 200 day simple moving average is $40.60.

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.