Coppell Advisory Solutions LLC Takes $2 Million Position in SPDR SSgA Ultra Short Term Bond ETF $ULST

Coppell Advisory Solutions LLC acquired a new position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 49,579 shares of the company’s stock, valued at approximately $2,004,000.

A number of other hedge funds have also modified their holdings of the company. Norris Financial Group LLC acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter valued at approximately $4,305,000. Kraft Davis & Associates LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF during the 2nd quarter worth approximately $4,228,000. Bank of America Corp DE boosted its position in SPDR SSgA Ultra Short Term Bond ETF by 36.3% during the 2nd quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock worth $11,130,000 after acquiring an additional 72,900 shares during the last quarter. TRUE Private Wealth Advisors bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter worth approximately $2,784,000. Finally, Jane Street Group LLC grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 349.1% during the 2nd quarter. Jane Street Group LLC now owns 78,904 shares of the company’s stock worth $3,208,000 after acquiring an additional 61,333 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

NYSEARCA ULST opened at $40.26 on Thursday. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.20 and a 12-month high of $40.72. The firm’s 50 day moving average is $40.35 and its 200-day moving average is $40.41.

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