TradeWell Securities LLC. Invests $917,000 in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

TradeWell Securities LLC. acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 36,204 shares of the company’s stock, valued at approximately $917,000. SPDR Bloomberg Short Term High Yield Bond ETF comprises 0.2% of TradeWell Securities LLC.’s portfolio, making the stock its 27th biggest holding.

Other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,814,275 shares of the company’s stock worth $72,045,000 after acquiring an additional 72,880 shares during the last quarter. Altus Wealth Management LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 29.5% in the 4th quarter. Altus Wealth Management LLC now owns 119,388 shares of the company’s stock worth $3,023,000 after acquiring an additional 27,172 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 28.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 539,982 shares of the company’s stock worth $13,824,000 after buying an additional 120,533 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 10.7% during the 4th quarter. Park Avenue Securities LLC now owns 512,915 shares of the company’s stock worth $12,987,000 after buying an additional 49,449 shares in the last quarter. Finally, AA Financial Advisors LLC lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 197.6% during the 4th quarter. AA Financial Advisors LLC now owns 108,728 shares of the company’s stock worth $2,753,000 after buying an additional 72,187 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.0%

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.09 on Thursday. The firm has a market cap of $4.79 billion, a PE ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.72 and a 52-week high of $25.65. The company’s 50 day moving average is $25.03 and its two-hundred day moving average is $25.21.

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.