SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Position Trimmed by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. trimmed its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 36.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 415,000 shares of the company’s stock after selling 240,000 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.22% of SPDR Bloomberg Short Term High Yield Bond ETF worth $10,367,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SJNK. City Holding Co. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at approximately $32,000. Franklin Resources Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $36,000. Ascentis Independent Advisors bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter worth approximately $55,000. Private Wealth Asset Management LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in 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 in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at approximately $65,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.91 on Wednesday. The business’s fifty day moving average price is $24.99 and its two-hundred day moving average price is $25.13. The company has a market capitalization of $4.91 billion, a P/E ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $24.72 and a 1-year high of $25.65.

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.