SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Bought by Employees Retirement Fund of the City of Fort Worth

Employees Retirement Fund of the City of Fort Worth raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 28.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 893,800 shares of the company’s stock after buying an additional 200,000 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 7.9% of Employees Retirement Fund of the City of Fort Worth’s holdings, making the stock its 5th largest position. Employees Retirement Fund of the City of Fort Worth owned 0.50% of SPDR Bloomberg Short Term High Yield Bond ETF worth $21,675,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in SJNK. First Bancorp Inc ME purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at about $28,000. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter worth about $50,000. Ascentis Independent Advisors purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the first quarter worth about $55,000. Continuum Advisory LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth approximately $58,000. Finally, Tucker Asset Management LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth approximately $74,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK traded down $0.02 on Friday, reaching $24.07. The company had a trading volume of 2,596,159 shares, compared to its average volume of 3,374,713. The business has a 50 day simple moving average of $24.35 and a 200 day simple moving average of $24.87. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $23.97 and a 52-week high of $25.49.

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.