SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC lessened its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 17.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,356 shares of the company’s stock after selling 1,161 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $136,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SJNK. Ameriprise Financial Inc. increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% in the 1st quarter. Ameriprise Financial Inc. now owns 18,679,447 shares of the company’s stock worth $474,132,000 after acquiring an additional 6,124,456 shares in the last quarter. Moulton Wealth Management Inc. increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 255.2% in the 2nd quarter. Moulton Wealth Management Inc. now owns 440,775 shares of the company’s stock worth $11,196,000 after acquiring an additional 316,693 shares in the last quarter. OLD Mission Capital LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 69.4% in the 1st quarter. OLD Mission Capital LLC now owns 266,156 shares of the company’s stock worth $6,696,000 after acquiring an additional 109,037 shares in the last quarter. Pacer Advisors Inc. purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter worth $1,997,000. Finally, ADG Wealth Management Group LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 506.7% in the 1st quarter. ADG Wealth Management Group LLC now owns 48,627 shares of the company’s stock worth $1,223,000 after acquiring an additional 40,612 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA SJNK opened at $25.49 on Friday. The firm has a market cap of $4.82 billion, a PE ratio of 0.90 and a beta of 0.36. The firm has a fifty day moving average of $25.48 and a 200 day moving average of $25.22. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.70.

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.