Paladin Wealth LLC Decreases Stock Holdings in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Paladin Wealth LLC lowered its stake in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 18.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,474 shares of the company’s stock after selling 6,811 shares during the quarter. SPDR SSgA Ultra Short Term Bond ETF accounts for 1.1% of Paladin Wealth LLC’s portfolio, making the stock its 25th largest position. Paladin Wealth LLC owned about 0.21% of SPDR SSgA Ultra Short Term Bond ETF worth $1,231,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ULST. Private Trust Co. NA boosted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 177.1% in the 3rd quarter. Private Trust Co. NA now owns 1,707 shares of the company’s stock worth $70,000 after buying an additional 1,091 shares during the last quarter. Fifth Third Securities Inc. bought a new position in SPDR SSgA Ultra Short Term Bond ETF in the fourth quarter valued at about $204,000. Zega Financial LLC purchased a new position in SPDR SSgA Ultra Short Term Bond ETF in the third quarter worth about $258,000. Canvas Wealth Advisors LLC grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 4.0% during the 4th quarter. Canvas Wealth Advisors LLC now owns 6,500 shares of the company’s stock valued at $263,000 after purchasing an additional 250 shares during the period. Finally, McAdam LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 4th quarter valued at about $265,000.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

ULST opened at $40.44 on Tuesday. The company’s 50 day moving average is $40.45 and its 200 day moving average is $40.55. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.24 and a 12-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.