Compass Financial Management LLC Invests $913,000 in SPDR SSgA Ultra Short Term Bond ETF $ULST

Compass Financial Management LLC bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,594 shares of the company’s stock, valued at approximately $913,000. Compass Financial Management LLC owned 0.17% of SPDR SSgA Ultra Short Term Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Norris Financial Group LLC purchased a new position in SPDR SSgA Ultra Short Term Bond ETF in the first quarter worth approximately $4,305,000. Kraft Davis & Associates LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the 2nd quarter valued at approximately $4,228,000. Bank of America Corp DE raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 36.3% in the 2nd quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock valued at $11,130,000 after purchasing an additional 72,900 shares in the last quarter. TRUE Private Wealth Advisors acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter valued at $2,784,000. Finally, Jane Street Group LLC lifted its position 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 purchasing an additional 61,333 shares during the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

SPDR SSgA Ultra Short Term Bond ETF stock opened at $40.37 on Monday. The company has a fifty day simple moving average of $40.35 and a 200-day simple moving average of $40.42. 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 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.