State Street Ultra Short Term Bond ETF (ULST)
State Street Ultra Short Term Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $40.33, up 0.05% on the session, giving a market capitalisation of $531.7M. Its beta of 0.10 implies it has historically moved less than the broad market.
The State Street Ultra Short Term Bond ETF aims to generate current income for investors, while steadfastly upholding capital preservation and offering readily available daily liquidity. This objective is met through a strategic allocation to high-quality, short-duration investments. Overseen by the State Street Active Fixed Income Team, the fund takes a proactive management approach. It strategically incorporates slightly longer-dated securities than typical cash instruments, striving to achieve a superior total return compared to traditional cash vehicles, without sacrificing its conservative risk profile.
State Street Ultra Short Term Bond ETF is most often compared with the following Financial Services names: