TD Private Client Wealth LLC Increases Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

TD Private Client Wealth LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 52.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 192,048 shares of the company’s stock after buying an additional 65,844 shares during the period. TD Private Client Wealth LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $4,916,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Franklin Resources Inc. purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth $36,000. First Horizon Advisors Inc. raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 360.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,576 shares of the company’s stock valued at $40,000 after purchasing an additional 1,234 shares during the period. Private Trust Co. NA raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the 3rd quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after purchasing an additional 400 shares during the period. Smartleaf Asset Management LLC lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock worth $96,000 after purchasing an additional 519 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in 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 purchasing an additional 546 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

SJNK stock opened at $25.43 on Wednesday. The stock has a 50-day simple moving average of $25.33 and a two-hundred day simple moving average of $25.40. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $23.92 and a twelve month high of $25.65. The firm has a market capitalization of $5.27 billion, a PE ratio of 0.90 and a beta of 0.31.

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.