Sterling Manor Financial LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 374,878 shares of the company’s stock, valued at approximately $9,091,000. SPDR Bloomberg Short Term High Yield Bond ETF accounts for approximately 5.2% of Sterling Manor Financial LLC’s holdings, making the stock its 9th biggest holding. Sterling Manor Financial LLC owned approximately 0.21% of SPDR Bloomberg Short Term High Yield Bond ETF as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of SJNK. Fifth Third Securities Inc. bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter valued at $201,000. Sowell Financial Services LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 103.3% in the 3rd quarter. Sowell Financial Services LLC now owns 406,160 shares of the company’s stock valued at $9,849,000 after acquiring an additional 206,388 shares during the period. QP Wealth Management LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.3% in the 3rd quarter. QP Wealth Management LLC now owns 19,519 shares of the company’s stock worth $473,000 after acquiring an additional 435 shares in the last quarter. Commonwealth Financial Services LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter worth $202,000. Finally, Williams Financial LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 3.3% in the 3rd quarter. Williams Financial LLC now owns 120,645 shares of the company’s stock worth $2,926,000 after acquiring an additional 3,846 shares in the last quarter.
SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.2%
Shares of NYSEARCA SJNK traded up $0.06 during mid-day trading on Wednesday, reaching $24.11. 946,390 shares of the company were exchanged, compared to its average volume of 3,294,376. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.99 and a 1 year high of $25.58. The firm has a 50-day moving average of $24.54 and a 200 day moving average of $24.83.
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.
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