Blue Capital Inc. Purchases 60,112 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Blue Capital Inc. lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 27.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 277,606 shares of the company’s stock after purchasing an additional 60,112 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 4.5% of Blue Capital Inc.’s holdings, making the stock its 2nd biggest holding. Blue Capital Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $6,935,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Patten Group Inc. grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 158.3% in the 1st quarter. Patten Group Inc. now owns 21,125 shares of the company’s stock valued at $528,000 after buying an additional 12,945 shares during the period. Horizon Wealth Management LLC increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 3.9% during the first quarter. Horizon Wealth Management LLC now owns 29,546 shares of the company’s stock worth $738,000 after acquiring an additional 1,111 shares during the last quarter. Cane Capital Partners LLC increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 5.7% during the first quarter. Cane Capital Partners LLC now owns 28,699 shares of the company’s stock worth $717,000 after acquiring an additional 1,550 shares during the last quarter. Essex LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 1.9% in the first quarter. Essex LLC now owns 857,935 shares of the company’s stock valued at $21,431,000 after purchasing an additional 16,182 shares during the period. Finally, Private Wealth Group LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 4.8% in the first quarter. Private Wealth Group LLC now owns 51,791 shares of the company’s stock valued at $1,294,000 after purchasing an additional 2,368 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.1%

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.93 on Friday. The firm has a market cap of $4.86 billion, a PE ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $24.72 and a 52 week high of $25.65. The business’s fifty day simple moving average is $25.03 and its 200-day simple moving average is $25.15.

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.