David Kennon Inc Has $4.28 Million Stock Position in SPDR SSgA Ultra Short Term Bond ETF $ULST

by · The Cerbat Gem

David Kennon Inc reduced its holdings in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST – Free Report) by 47.7% in the 4th quarter, HoldingsChannel reports. The fund owned 105,601 shares of the company’s stock after selling 96,141 shares during the period. SPDR SSgA Ultra Short Term Bond ETF comprises approximately 1.5% of David Kennon Inc’s holdings, making the stock its 15th biggest position. David Kennon Inc’s holdings in SPDR SSgA Ultra Short Term Bond ETF were worth $4,277,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter valued at approximately $31,000. Flagship Harbor Advisors LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the 4th quarter valued at approximately $36,000. Geneos Wealth Management Inc. acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter valued at approximately $37,000. Collier Financial acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the third quarter worth $60,000. Finally, Key Financial Inc acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the third quarter worth $183,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

ULST opened at $40.43 on Wednesday. SPDR SSgA Ultra Short Term Bond ETF has a twelve month low of $40.20 and a twelve month high of $40.72. The company has a fifty day moving average of $40.50 and a 200-day moving average of $40.56.

About SPDR SSgA Ultra Short Term Bond ETF

(Free Report)

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.

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