Blue Capital Inc. Acquires New Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Blue Capital Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the second quarter, according to its most recent filing with the SEC. The firm bought 135,938 shares of the company’s stock, valued at approximately $3,464,000. SPDR Bloomberg Short Term High Yield Bond ETF makes up 2.5% of Blue Capital Inc.’s investment portfolio, making the stock its 9th largest position. Blue Capital Inc. owned 0.07% of SPDR Bloomberg Short Term High Yield Bond ETF as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of SJNK. Nations Financial Group Inc. IA ADV raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 9.7% in the first quarter. Nations Financial Group Inc. IA ADV now owns 12,177 shares of the company’s stock worth $306,000 after buying an additional 1,075 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at $361,000. Summit Financial LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter worth $270,000. Ameriprise Financial Inc. lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% during 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 during the period. Finally, SVB Wealth LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter valued at about $44,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK stock opened at $25.33 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 $25.65. The firm has a market capitalization of $5.31 billion, a PE ratio of 0.90 and a beta of 0.31. The stock’s 50-day simple moving average is $25.36 and its 200-day simple moving average is $25.38.

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.