Cetera Investment Advisers Has $17.83 Million Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Cetera Investment Advisers reduced its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 9.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 713,936 shares of the company’s stock after selling 74,273 shares during the period. Cetera Investment Advisers owned about 0.37% of SPDR Bloomberg Short Term High Yield Bond ETF worth $17,834,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 33.3% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,000,000 shares of the company’s stock valued at $25,000 after purchasing an additional 250,000 shares in the last quarter. City Holding Co. acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth $32,000. Franklin Resources Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter valued at about $36,000. Ascentis Independent Advisors bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the first quarter valued at about $55,000. Finally, Private Wealth Asset Management LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in the fourth quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock worth $61,000 after buying an additional 1,500 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of NYSEARCA:SJNK opened at $24.80 on Tuesday. The stock has a market capitalization of $4.90 billion, a P/E ratio of 0.90 and a beta of 0.29. The business has a 50-day moving average of $24.97 and a two-hundred day moving average of $25.10. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $24.72 and a fifty-two week high of $25.65.

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.