PTM Wealth Management LLC Has $28.47 Million Stock Holdings in SPDR SSgA Ultra Short Term Bond ETF $ULST

PTM Wealth Management LLC raised its stake in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 702,470 shares of the company’s stock after purchasing an additional 42,606 shares during the quarter. SPDR SSgA Ultra Short Term Bond ETF accounts for about 16.1% of PTM Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. PTM Wealth Management LLC owned approximately 4.57% of SPDR SSgA Ultra Short Term Bond ETF worth $28,468,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. AQR Capital Management LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 28.6% during the first quarter. AQR Capital Management LLC now owns 105,984 shares of the company’s stock worth $4,308,000 after buying an additional 23,540 shares in the last quarter. NewEdge Advisors LLC lifted its stake in SPDR SSgA Ultra Short Term Bond ETF by 45.4% during the 1st quarter. NewEdge Advisors LLC now owns 16,130 shares of the company’s stock valued at $656,000 after acquiring an additional 5,038 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in SPDR SSgA Ultra Short Term Bond ETF during the 1st quarter worth $37,000. PNC Financial Services Group Inc. boosted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 7.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,072 shares of the company’s stock worth $288,000 after acquiring an additional 501 shares during the last quarter. Finally, Leslie Global Wealth LLC grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 14.3% in the 2nd quarter. Leslie Global Wealth LLC now owns 8,090 shares of the company’s stock worth $329,000 after acquiring an additional 1,013 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.0%

Shares of ULST stock opened at $40.44 on Tuesday. The firm has a 50-day moving average of $40.55 and a 200-day moving average of $40.58. SPDR SSgA Ultra Short Term Bond ETF has a one year low of $40.34 and a one year high of $40.75.

SPDR SSgA Ultra Short Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.1242 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

SPDR SSgA Ultra Short Term Bond ETF 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.