Auour Investments LLC Takes $4.76 Million Position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Auour Investments LLC acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 118,126 shares of the company’s stock, valued at approximately $4,755,000. SPDR SSgA Ultra Short Term Bond ETF accounts for about 2.0% of Auour Investments LLC’s investment portfolio, making the stock its 13th largest holding. Auour Investments LLC owned about 0.89% of SPDR SSgA Ultra Short Term Bond ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fortis Group Advisors LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the first quarter valued at $795,000. Toroso Investments LLC grew its position in SPDR SSgA Ultra Short Term Bond ETF by 7.4% during the first quarter. Toroso Investments LLC now owns 144,115 shares of the company’s stock valued at $5,801,000 after buying an additional 9,956 shares during the period. Apollon Wealth Management LLC grew its position in SPDR SSgA Ultra Short Term Bond ETF by 176.1% during the first quarter. Apollon Wealth Management LLC now owns 49,786 shares of the company’s stock valued at $2,004,000 after buying an additional 31,757 shares during the period. Jane Street Group LLC bought a new stake in SPDR SSgA Ultra Short Term Bond ETF during the first quarter valued at approximately $1,892,000. Finally, IHT Wealth Management LLC bought a new stake in SPDR SSgA Ultra Short Term Bond ETF during the first quarter valued at approximately $15,563,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

NYSEARCA ULST traded up $0.01 during trading hours on Friday, hitting $40.19. 7,026 shares of the company’s stock traded hands, compared to its average volume of 171,759. The business’s fifty day moving average price is $40.21 and its two-hundred day moving average price is $40.20. SPDR SSgA Ultra Short Term Bond ETF has a 52 week low of $39.72 and a 52 week high of $40.40.

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.