American Century Companies Inc. Acquires 972,317 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

American Century Companies Inc. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 2,175.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,017,017 shares of the company’s stock after purchasing an additional 972,317 shares during the period. American Century Companies Inc. owned about 0.48% of SPDR Bloomberg Short Term High Yield Bond ETF worth $26,036,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter valued at $35,000. Franklin Resources Inc. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth about $36,000. First Horizon Advisors Inc. lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 360.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,576 shares of the company’s stock valued at $40,000 after buying an additional 1,234 shares in the last quarter. Private Trust Co. NA lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the 3rd quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after buying an additional 400 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 129.3% in the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 3,162 shares of the company’s stock valued at $81,000 after buying an additional 1,783 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK stock opened at $24.97 on Monday. The company has a market capitalization of $5.25 billion, a P/E ratio of 0.90 and a beta of 0.31. The company’s 50-day simple moving average is $25.33 and its two-hundred day simple moving average is $25.38. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.65.

SPDR Bloomberg Short Term High Yield Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.144 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change from SPDR Bloomberg Short Term High Yield Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%.

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.