OakTrust Wealth Advisors LLC Makes New $551,000 Investment in SPDR SSgA Ultra Short Term Bond ETF $ULST

OakTrust Wealth Advisors LLC bought a new position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 13,595 shares of the company’s stock, valued at approximately $551,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barnes Wealth Management Group Inc lifted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 3.2% in the 4th quarter. Barnes Wealth Management Group Inc now owns 50,431 shares of the company’s stock valued at $2,043,000 after purchasing an additional 1,553 shares during the period. Tower Research Capital LLC TRC grew its stake in SPDR SSgA Ultra Short Term Bond ETF by 182.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,015 shares of the company’s stock worth $1,054,000 after purchasing an additional 16,801 shares during the period. Captrust Financial Advisors raised its holdings in SPDR SSgA Ultra Short Term Bond ETF by 10.4% in the fourth quarter. Captrust Financial Advisors now owns 9,655 shares of the company’s stock worth $391,000 after purchasing an additional 909 shares in the last quarter. MML Investors Services LLC raised its holdings in SPDR SSgA Ultra Short Term Bond ETF by 56.6% in the fourth quarter. MML Investors Services LLC now owns 50,814 shares of the company’s stock worth $2,058,000 after purchasing an additional 18,372 shares in the last quarter. Finally, Golden State Wealth Management LLC raised its holdings in SPDR SSgA Ultra Short Term Bond ETF by 27.9% in the fourth quarter. Golden State Wealth Management LLC now owns 14,214 shares of the company’s stock worth $576,000 after purchasing an additional 3,098 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of ULST stock opened at $40.38 on Friday. The company’s fifty day moving average price is $40.41 and its 200-day moving average price is $40.49. SPDR SSgA Ultra Short Term Bond ETF has a 12 month low of $40.20 and a 12 month high of $40.72.

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. ULST was launched on Oct 9, 2013 and is managed by State Street.