Salem Investment Counselors Inc. Acquires 1,875 Shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Salem Investment Counselors Inc. lifted its holdings in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 9.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,459 shares of the company’s stock after buying an additional 1,875 shares during the period. Salem Investment Counselors Inc. owned about 0.16% of SPDR SSgA Ultra Short Term Bond ETF worth $908,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its position in SPDR SSgA Ultra Short Term Bond ETF by 18.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 201,908 shares of the company’s stock worth $8,234,000 after buying an additional 31,043 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 6,117.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,648 shares of the company’s stock worth $312,000 after acquiring an additional 7,525 shares during the last quarter. Copley Financial Group Inc. purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter worth about $3,752,000. Sanctuary Advisors LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 209.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 38,615 shares of the company’s stock valued at $1,565,000 after purchasing an additional 26,117 shares during the last quarter. Finally, Brown Financial Advisors raised its position in SPDR SSgA Ultra Short Term Bond ETF by 5.0% in the 3rd quarter. Brown Financial Advisors now owns 88,624 shares of the company’s stock worth $3,614,000 after purchasing an additional 4,185 shares during the period.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of NYSEARCA:ULST opened at $40.42 on Tuesday. The business has a 50 day simple moving average of $40.47 and a two-hundred day simple moving average of $40.54. SPDR SSgA Ultra Short Term Bond ETF has a 1 year low of $40.24 and a 1 year high of $40.84.

SPDR SSgA Ultra Short Term Bond ETF Company 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.