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

Salem Investment Counselors Inc. raised its stake in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 9.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,459 shares of the company’s stock after acquiring an additional 1,875 shares during the quarter. Salem Investment Counselors Inc.’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $908,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC lifted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 13.8% during the 2nd quarter. LPL Financial LLC now owns 1,137,180 shares of the company’s stock worth $46,022,000 after purchasing an additional 138,212 shares during the last quarter. Avestar Capital LLC lifted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 25.6% during the third quarter. Avestar Capital LLC now owns 566,224 shares of the company’s stock valued at $23,091,000 after buying an additional 115,246 shares during the last quarter. BIP Wealth LLC boosted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 19.6% in the 3rd quarter. BIP Wealth LLC now owns 468,672 shares of the company’s stock valued at $19,112,000 after buying an additional 76,726 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 18.2% in the 4th 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. Finally, David Kennon Inc raised its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 2.1% during the 3rd quarter. David Kennon Inc now owns 197,228 shares of the company’s stock worth $8,043,000 after acquiring an additional 3,973 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of ULST opened at $40.42 on Tuesday. The company has a 50 day moving average of $40.47 and a two-hundred day moving average of $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.

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.