SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Assetmark Inc.

Assetmark Inc. trimmed its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,307,498 shares of the company’s stock after selling 51,153 shares during the quarter. Assetmark Inc. owned approximately 1.11% of SPDR Bloomberg Short Term High Yield Bond ETF worth $58,426,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SJNK. Ameriprise Financial Inc. raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 8.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 17,098,748 shares of the company’s stock valued at $436,856,000 after purchasing an additional 1,319,118 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.7% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 6,820,008 shares of the company’s stock worth $174,592,000 after purchasing an additional 178,965 shares during the last quarter. iA Global Asset Management Inc. boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 108.0% during the 3rd quarter. iA Global Asset Management Inc. now owns 5,031,836 shares of the company’s stock worth $128,815,000 after purchasing an additional 2,612,700 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.4% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,522,304 shares of the company’s stock worth $89,185,000 after buying an additional 211,827 shares in the last quarter. Finally, Clark Capital Management Group Inc. grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.9% during the third quarter. Clark Capital Management Group Inc. now owns 2,921,272 shares of the company’s stock worth $74,785,000 after buying an additional 54,370 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA:SJNK opened at $25.17 on Wednesday. The firm has a market cap of $4.64 billion, a PE ratio of 0.90 and a beta of 0.30. The firm has a 50 day simple moving average of $25.09 and a 200-day simple moving average of $25.27. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $24.55 and a 1-year high of $25.65.

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.