PFG Advisors Increases Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

PFG Advisors lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 21.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 157,434 shares of the company’s stock after buying an additional 27,359 shares during the period. PFG Advisors owned approximately 0.08% of SPDR Bloomberg Short Term High Yield Bond ETF worth $3,986,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ameriflex Group Inc. boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% in 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 in the fourth quarter valued at approximately $32,000. Root Financial Partners LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter valued at approximately $35,000. Franklin Resources Inc. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $36,000. Finally, Private Trust Co. NA lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% in the third quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after purchasing an additional 400 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.23 on Tuesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $24.55 and a 12 month high of $25.65. The business’s 50 day simple moving average is $25.08 and its 200 day simple moving average is $25.26. The company has a market cap of $4.68 billion, a price-to-earnings ratio of 0.90 and a beta of 0.30.

SPDR Bloomberg Short Term High Yield Bond ETF Company 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.