SPDR Bloomberg Short Term High Yield Bond ETF $SJNK is Moulton Wealth Management Inc.’s 3rd Largest Position

Moulton Wealth Management Inc. increased its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 255.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 440,775 shares of the company’s stock after acquiring an additional 316,693 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF makes up about 8.5% of Moulton Wealth Management Inc.’s portfolio, making the stock its 3rd biggest holding. Moulton Wealth Management Inc. owned about 0.24% of SPDR Bloomberg Short Term High Yield Bond ETF worth $11,196,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SJNK. BNP Paribas Financial Markets raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1,357.3% in the 4th quarter. BNP Paribas Financial Markets now owns 78,168 shares of the company’s stock worth $1,974,000 after acquiring an additional 72,804 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at about $30,000. Park Square Financial Group LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at about $428,000. Parallel Advisors LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 16,214.3% during the 1st quarter. Parallel Advisors LLC now owns 5,710 shares of the company’s stock valued at $144,000 after buying an additional 5,675 shares during the last quarter. Finally, NBC Securities Inc. raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 106,338.9% during the 1st quarter. NBC Securities Inc. now owns 19,159 shares of the company’s stock valued at $482,000 after buying an additional 19,141 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

NYSEARCA SJNK opened at $25.53 on Monday. The stock has a 50-day simple moving average of $25.42 and a two-hundred day simple moving average of $25.19. The firm has a market capitalization of $4.83 billion, a P/E ratio of 0.90 and a beta of 0.36. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $23.92 and a fifty-two week high of $25.77.

About SPDR Bloomberg Short Term High Yield Bond ETF

The SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of short-term publicly issued US high yield corporate bonds, with a remaining maturity of less than five years. SJNK was launched on Mar 15, 2012 and is managed by State Street.