SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 18.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 453,004 shares of the company’s stock after buying an additional 71,336 shares during the quarter. Janney Montgomery Scott LLC owned about 0.24% of SPDR Bloomberg Short Term High Yield Bond ETF worth $11,543,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. SVB Wealth LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at approximately $44,000. Proathlete Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at approximately $48,000. Parallel Advisors LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 16,214.3% in the 1st quarter. Parallel Advisors LLC now owns 5,710 shares of the company’s stock valued at $144,000 after buying an additional 5,675 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 11.8% in the 1st quarter. Farther Finance Advisors LLC now owns 6,517 shares of the company’s stock valued at $163,000 after buying an additional 690 shares during the period. Finally, Summit Financial LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at approximately $270,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK stock opened at $25.46 on Friday. The stock has a fifty day moving average price of $25.48 and a 200 day moving average price of $25.22. The stock has a market cap of $4.96 billion, a PE ratio of 0.90 and a beta of 0.36. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.92 and a 1 year high of $25.70.

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.