Benchmark Financial LLC Takes Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Benchmark Financial LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 168,496 shares of the company’s stock, valued at approximately $4,266,000. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 4.3% of Benchmark Financial LLC’s investment portfolio, making the stock its 7th biggest position. Benchmark Financial LLC owned approximately 0.08% of SPDR Bloomberg Short Term High Yield Bond ETF at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SJNK. Private Trust Co. NA lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% in the 3rd quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after purchasing an additional 400 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 0.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 117,172 shares of the company’s stock worth $2,982,000 after purchasing an additional 436 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the 1st quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock worth $838,000 after purchasing an additional 469 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock worth $96,000 after purchasing an additional 519 shares during the last quarter. Finally, Cardiff Park Advisors LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.0% in the 3rd quarter. Cardiff Park Advisors LLC now owns 52,632 shares of the company’s stock worth $1,347,000 after purchasing an additional 537 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA:SJNK opened at $25.23 on Monday. The stock’s fifty day simple moving average is $25.08 and its 200-day simple moving average is $25.27. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $24.55 and a 12-month high of $25.65. The firm has a market capitalization of $4.68 billion, a P/E ratio of 0.90 and a beta of 0.30.

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.