B. Riley Wealth Advisors Inc. Invests $758,000 in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

B. Riley Wealth Advisors Inc. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 29,601 shares of the company’s stock, valued at approximately $758,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SJNK. NewEdge Advisors LLC lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the first quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock worth $838,000 after buying an additional 469 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 18.7% in the second quarter. Janney Montgomery Scott LLC now owns 453,004 shares of the company’s stock valued at $11,543,000 after acquiring an additional 71,336 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% in the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,145,151 shares of the company’s stock valued at $80,138,000 after acquiring an additional 141,129 shares during the period. Curran Financial Partners LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.3% in the 2nd quarter. Curran Financial Partners LLC now owns 528,055 shares of the company’s stock worth $13,455,000 after acquiring an additional 21,918 shares during the last quarter. Finally, NTV Asset Management LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 8.9% during the 2nd quarter. NTV Asset Management LLC now owns 33,467 shares of the company’s stock worth $853,000 after purchasing an additional 2,727 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.0%

Shares of NYSEARCA:SJNK opened at $25.46 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $23.92 and a 12 month high of $25.65. The company has a market capitalization of $5.34 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31. The firm’s 50-day moving average is $25.36 and its 200 day moving average is $25.41.

SPDR Bloomberg Short Term High Yield Bond ETF Company 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.