SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Holdings Lifted by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 5.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,310,477 shares of the company’s stock after purchasing an additional 165,326 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF accounts for about 1.7% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s investment portfolio, making the stock its 13th largest position. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned approximately 1.58% of SPDR Bloomberg Short Term High Yield Bond ETF worth $84,748,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. iA Global Asset Management Inc. raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 108.0% during the third quarter. iA Global Asset Management Inc. now owns 5,031,836 shares of the company’s stock valued at $128,815,000 after acquiring an additional 2,612,700 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter worth $19,200,000. Quadrature Capital Ltd bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at $15,753,000. DAVENPORT & Co LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 98.6% in the 3rd quarter. DAVENPORT & Co LLC now owns 1,074,322 shares of the company’s stock valued at $27,503,000 after purchasing an additional 533,342 shares during the last quarter. Finally, Estate Counselors LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at $10,744,000.

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

Shares of NYSEARCA:SJNK opened at $25.33 on Friday. The stock has a market capitalization of $5.32 billion, a PE ratio of 0.90 and a beta of 0.31. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.92 and a 1 year high of $25.65. The firm has a fifty day moving average price of $25.35 and a 200 day moving average price of $25.40.

SPDR Bloomberg Short Term High Yield Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1397 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%.

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.