SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Holdings Decreased by Grimes & Company Inc.

Grimes & Company Inc. reduced its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 18.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,641,043 shares of the company’s stock after selling 1,517,395 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 4.6% of Grimes & Company Inc.’s investment portfolio, making the stock its 2nd biggest position. Grimes & Company Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $169,214,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SJNK. SVB Wealth LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter worth $44,000. Proathlete Wealth Management LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter worth $48,000. Farther Finance Advisors LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 11.8% in the 1st quarter. Farther Finance Advisors LLC now owns 6,517 shares of the company’s stock worth $163,000 after buying an additional 690 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth $234,000. Finally, Summit Financial LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter worth $270,000.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.1%

Shares of SJNK opened at $25.46 on Monday. The firm has a market capitalization of $4.96 billion, a P/E ratio of 0.90 and a beta of 0.36. The stock’s fifty day simple moving average is $25.48 and its 200 day simple moving average is $25.22. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $23.92 and a twelve month high of $25.70.

SPDR Bloomberg Short Term High Yield Bond ETF Profile

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.