SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 97.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,644 shares of the company’s stock after selling 752,210 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $428,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Park Avenue Securities LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at about $13,274,000. Apollon Wealth Management LLC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 6.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 10,044 shares of the company’s stock worth $244,000 after acquiring an additional 616 shares during the last quarter. Bright Futures Wealth Management LLC. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 2.0% during the 3rd quarter. Bright Futures Wealth Management LLC. now owns 44,575 shares of the company’s stock worth $1,081,000 after acquiring an additional 871 shares during the last quarter. Swmg LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter worth approximately $249,000. Finally, NTV Asset Management LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter valued at approximately $1,419,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA SJNK opened at $24.09 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $23.97 and a 52-week high of $25.49. The stock has a market cap of $4.35 billion, a P/E ratio of 0.90 and a beta of 0.31. The firm has a 50 day moving average price of $24.36 and a 200 day moving average price of $24.87.

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.