Cwm LLC Has $6.46 Million Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Cwm LLC trimmed its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 34.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 255,094 shares of the company’s stock after selling 134,006 shares during the quarter. Cwm LLC owned 0.12% of SPDR Bloomberg Short Term High Yield Bond ETF worth $6,459,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% during the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock worth $30,000 after buying an additional 970 shares in the last quarter. City Holding Co. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at about $32,000. Root Financial Partners LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter valued at about $35,000. Franklin Resources Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $36,000. Finally, Private Trust Co. NA raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the third quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock worth $51,000 after acquiring an additional 400 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK stock opened at $25.23 on Tuesday. The stock 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 has a 12 month low of $24.55 and a 12 month high of $25.65. The firm has a 50-day moving average price of $25.08 and a 200-day moving average price of $25.26.

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.