Endowment Wealth Management Inc. Buys Shares of 8,394 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Endowment Wealth Management Inc. bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,394 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. MGO One Seven LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 6.2% in the second quarter. MGO One Seven LLC now owns 70,285 shares of the company’s stock valued at $1,791,000 after acquiring an additional 4,091 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $22,117,000. Concurrent Investment Advisors LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $238,000. US Bancorp DE grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 7.5% in the second quarter. US Bancorp DE now owns 35,697 shares of the company’s stock valued at $910,000 after acquiring an additional 2,478 shares during the last quarter. Finally, Friedenthal Financial grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 3.7% in the second quarter. Friedenthal Financial now owns 11,712 shares of the company’s stock valued at $298,000 after acquiring an additional 419 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.6%

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.20 on Monday. The stock has a market cap of $4.94 billion, a PE ratio of 0.90 and a beta of 0.36. The business’s 50-day moving average price is $25.47 and its two-hundred day moving average price is $25.23. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.92 and a 12-month 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.