BNP Paribas Financial Markets Makes New $138,000 Investment in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

BNP Paribas Financial Markets bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,364 shares of the company’s stock, valued at approximately $138,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Private Trust Co. NA grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 98.3% during the 3rd quarter. Private Trust Co. NA now owns 1,878 shares of the company’s stock valued at $48,000 after purchasing an additional 931 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth about $152,000. Nations Financial Group Inc. IA ADV boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.4% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 14,530 shares of the company’s stock valued at $363,000 after acquiring an additional 880 shares during the last quarter. Valley Wealth Managers Inc. grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 80.0% during the third quarter. Valley Wealth Managers Inc. now owns 15,509 shares of the company’s stock worth $399,000 after purchasing an additional 6,892 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth about $406,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK opened at $25.48 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $24.67 and a 1-year high of $25.77. The company has a market capitalization of $4.69 billion, a P/E ratio of 0.91 and a beta of 0.26. The firm’s 50 day simple moving average is $25.53 and its 200 day simple moving average is $25.34.

About SPDR Bloomberg Short Term High Yield Bond ETF

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.