SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Stock Position Raised by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 11.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,517 shares of the company’s stock after buying an additional 690 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $163,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in SJNK. Jones Financial Companies Lllp lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1,035.0% in the fourth quarter. Jones Financial Companies Lllp now owns 15,981 shares of the company’s stock valued at $404,000 after acquiring an additional 14,573 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1,357.3% in the 4th quarter. BNP Paribas Financial Markets now owns 78,168 shares of the company’s stock valued at $1,974,000 after purchasing an additional 72,804 shares during the last quarter. IAG Wealth Partners LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.6% in the 4th quarter. IAG Wealth Partners LLC now owns 60,805 shares of the company’s stock valued at $1,535,000 after purchasing an additional 1,541 shares during the last quarter. AMJ Financial Wealth Management bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter worth $12,408,000. Finally, Park Square Financial Group LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth $428,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA SJNK opened at $25.21 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $23.92 and a fifty-two week high of $25.77. The stock’s 50-day moving average is $25.02 and its two-hundred day moving average is $25.21. The firm has a market cap of $4.37 billion, a P/E ratio of 0.90 and a beta of 0.31.

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.