521,314 Shares in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 521,314 shares of the company’s stock, valued at approximately $21,066,000. Raymond James Financial Inc. owned 3.61% of SPDR SSgA Ultra Short Term Bond ETF at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of ULST. Ieq Capital LLC acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 4th quarter valued at $10,801,000. Avestar Capital LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 25.6% during the 3rd 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. Copley Financial Group Inc. acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the third quarter worth $3,752,000. BIP Wealth LLC boosted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 19.6% during the third quarter. BIP Wealth LLC now owns 468,672 shares of the company’s stock worth $19,112,000 after purchasing an additional 76,726 shares during the last quarter. Finally, Gradient Investments LLC boosted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 2.2% during the fourth quarter. Gradient Investments LLC now owns 1,745,483 shares of the company’s stock worth $70,535,000 after purchasing an additional 36,987 shares during the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

ULST stock opened at $40.55 on Monday. SPDR SSgA Ultra Short Term Bond ETF has a 52-week low of $40.24 and a 52-week high of $40.84. The stock’s fifty day simple moving average is $40.50 and its 200-day simple moving average is $40.54.

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.