Howard Financial Services LTD. Grows Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Howard Financial Services LTD. grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 3.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 868,000 shares of the company’s stock after acquiring an additional 25,651 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF makes up about 2.7% of Howard Financial Services LTD.’s holdings, making the stock its 11th biggest holding. Howard Financial Services LTD.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $22,221,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Franklin Resources Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at about $36,000. First Horizon Advisors Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 360.8% during the second quarter. First Horizon Advisors Inc. now owns 1,576 shares of the company’s stock valued at $40,000 after acquiring an additional 1,234 shares during the last quarter. Private Trust Co. NA grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the third quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after acquiring an additional 400 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% during the second quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock worth $96,000 after acquiring an additional 519 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 10.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,902 shares of the company’s stock worth $151,000 after acquiring an additional 546 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.38 on Thursday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $23.92 and a 52-week high of $25.65. The company has a fifty day moving average of $25.32 and a 200-day moving average of $25.40. The stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31.

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.