Commonwealth Equity Services LLC Trims Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Commonwealth Equity Services LLC cut its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 42.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 220,035 shares of the company’s stock after selling 164,908 shares during the quarter. Commonwealth Equity Services LLC owned 0.10% of SPDR Bloomberg Short Term High Yield Bond ETF worth $5,571,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Ameriflex Group Inc. raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% during the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock worth $30,000 after buying an additional 970 shares during the last quarter. City Holding Co. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter worth approximately $32,000. Franklin Resources Inc. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter worth approximately $36,000. Private Wealth Asset Management LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% during the 4th quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock worth $61,000 after buying an additional 1,500 shares during the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter worth approximately $65,000.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.3%

SJNK opened at $24.89 on Friday. The firm has a market capitalization of $4.75 billion, a PE ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $24.72 and a 12-month high of $25.65. The firm has a 50 day moving average of $25.04 and a two-hundred day moving average of $25.19.

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.