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Shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST - Get Free Report) saw strong trading volume on Friday. 212,148 shares changed hands during trading, an increase of 69% from the previous session's volume of 125,294 shares.The stock last traded at $40.50 and had previously closed at $40.49. SPDR SSgA Ultra Short Term
BIP Wealth LLC boosted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) by 2.6% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The fund owned 553,665 shares of the company's stock after purchasing an additional 14,112 shares during the period.
Wall Street has been struggling to find a footing at the start of 2024. The uncertainty has made investors jittery, raising demand for cash-like ETFs.
The SPDR SSgA Ultra Short Term Bond ETF holds a portfolio of short-term U.S.-dollar denominated investment grade securities with a goal of outperforming cash. However, the ULST is more expensive, has weaker performance, and pays a lower distribution yield compared to its peers. Investors should consider the safety of treasury bills for their cash allocation instead of ULST, as treasury bills offer zero credit risk and little duration risk.
Ultra-short-term bonds have gained popularity due to recent interest rate hikes, offering low-risk, high-return investments. The article discusses 3 ultra-short-term bond ETFs with Buy ratings, addressing their pros and cons. Part one of this "guide" discusses SGOV, ULST, and VUSB.
Ultra short-term bonds, particularly treasuries, are gaining popularity due to their low risk and high dividends, making them attractive to investors anticipating a recession. Two potential ETFs to consider are the popular SPDR Bloomberg 1-3 Month T-Bill ETF and the lesser-known SPDR SSgA Ultra Short Term Bond ETF, both offering high yields with low volatility. While BIL is ideal for investors seeking near-risk-free assets, ULST offers slightly higher risk for a higher yield and potential for capital appreciation.
The SPDR SSgA Ultra Short Term Bond ETF is a fixed income exchange-traded fund. The vehicle contains a mix of Treasuries and corporate bonds and has a very low duration of 0.6 years.
Short-term bond ETF hit a 52-week high. Can it soar higher?
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.