Avestar Capital LLC Purchases 115,246 Shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Avestar Capital LLC lifted its position in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 25.6% in the third quarter, Holdings Channel reports. The institutional investor owned 566,224 shares of the company’s stock after acquiring an additional 115,246 shares during the quarter. SPDR SSgA Ultra Short Term Bond ETF comprises approximately 2.4% of Avestar Capital LLC’s holdings, making the stock its 6th largest position. Avestar Capital LLC’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $23,091,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the 2nd quarter worth approximately $41,000. Private Trust Co. NA raised its position in SPDR SSgA Ultra Short Term Bond ETF by 177.1% in the third quarter. Private Trust Co. NA now owns 1,707 shares of the company’s stock valued at $70,000 after purchasing an additional 1,091 shares during the period. PVG Asset Management Corp purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the second quarter valued at approximately $225,000. AlphaStar Capital Management LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth $238,000. Finally, Tactive Advisors LLC purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the first quarter worth $241,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Up 0.1 %

Shares of NYSEARCA ULST opened at $40.58 on Tuesday. The stock has a fifty day simple moving average of $40.59 and a 200-day simple moving average of $40.53. SPDR SSgA Ultra Short Term Bond ETF has a twelve month low of $40.24 and a twelve month high of $40.84.

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.