Global Assets Advisory LLC Raises Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Global Assets Advisory LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 10.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 236,032 shares of the company’s stock after purchasing an additional 21,509 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF makes up 1.7% of Global Assets Advisory LLC’s holdings, making the stock its 13th biggest position. Global Assets Advisory LLC owned approximately 0.11% of SPDR Bloomberg Short Term High Yield Bond ETF worth $5,976,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SJNK. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 33.3% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,000,000 shares of the company’s stock worth $25,000 after purchasing an additional 250,000 shares during the last quarter. Ameriflex Group Inc. raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% during the third quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock worth $30,000 after purchasing an additional 970 shares during the last quarter. City Holding Co. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth $32,000. Root Financial Partners LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter worth $35,000. Finally, Franklin Resources Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth $36,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.04 on Tuesday. The firm has a fifty day moving average price of $25.03 and a 200 day moving average price of $25.21. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.72 and a 1 year high of $25.65. The stock has a market cap of $4.78 billion, a PE ratio of 0.90 and a beta of 0.29.

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.