SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Sold by Hidden Cove Wealth Management LLC

Hidden Cove Wealth Management LLC reduced its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 85.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 16,879 shares of the company’s stock after selling 99,178 shares during the period. Hidden Cove Wealth Management LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $409,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. AA Financial Advisors LLC lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 7.7% in the third quarter. AA Financial Advisors LLC now owns 360,360 shares of the company’s stock valued at $8,739,000 after buying an additional 25,725 shares in the last quarter. Surience Private Wealth LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter worth $453,000. Benchmark Financial LLC increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 5.2% during the third quarter. Benchmark Financial LLC now owns 208,470 shares of the company’s stock worth $5,055,000 after acquiring an additional 10,281 shares in the last quarter. KG Capital Management raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 47.9% during the third quarter. KG Capital Management now owns 146,432 shares of the company’s stock worth $3,551,000 after acquiring an additional 47,436 shares during the period. Finally, Howard Financial Services LTD. raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 13.1% during the third quarter. Howard Financial Services LTD. now owns 738,007 shares of the company’s stock worth $17,897,000 after acquiring an additional 85,355 shares during the period.

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

SJNK traded down $0.02 during trading on Monday, hitting $24.06. The company had a trading volume of 4,149,997 shares, compared to its average volume of 3,302,898. The company has a market capitalization of $4.37 billion, a PE ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.99 and a one year high of $25.58. The firm’s 50-day moving average price is $24.57 and its 200 day moving average price is $24.85.

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.