SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Position Lifted by LPL Financial LLC

LPL Financial LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 4.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,044,705 shares of the company’s stock after purchasing an additional 270,066 shares during the period. LPL Financial LLC owned about 2.88% of SPDR Bloomberg Short Term High Yield Bond ETF worth $153,052,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Franklin Resources Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 17,600.1% during the fourth quarter. Franklin Resources Inc. now owns 252,758 shares of the company’s stock valued at $6,400,000 after purchasing an additional 251,330 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 2.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 22,454 shares of the company’s stock valued at $569,000 after acquiring an additional 457 shares during the last quarter. Wealthgarden F.S. LLC lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 16.1% in the fourth quarter. Wealthgarden F.S. LLC now owns 117,302 shares of the company’s stock valued at $2,988,000 after acquiring an additional 16,305 shares during the last quarter. Cibc World Market Inc. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at approximately $259,000. Finally, Private Wealth Asset Management LLC lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in the fourth quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock valued at $61,000 after acquiring an additional 1,500 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.2%

NYSEARCA SJNK opened at $24.88 on Thursday. The stock has a market capitalization of $4.75 billion, a PE ratio of 0.90 and a beta of 0.29. The company has a 50 day moving average price of $25.05 and a two-hundred day moving average price of $25.19. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $24.72 and a 12-month high of $25.65.

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.