AA Financial Advisors LLC Purchases 72,187 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

AA Financial Advisors LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 197.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,728 shares of the company’s stock after buying an additional 72,187 shares during the period. AA Financial Advisors LLC owned 0.05% of SPDR Bloomberg Short Term High Yield Bond ETF worth $2,753,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SJNK. Cypress Financial Planning LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 9.0% during the 4th quarter. Cypress Financial Planning LLC now owns 62,616 shares of the company’s stock worth $1,585,000 after acquiring an additional 5,162 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 36.7% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 11,481 shares of the company’s stock valued at $291,000 after purchasing an additional 3,082 shares during the last quarter. CoreCap Advisors LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 17.5% in the 4th quarter. CoreCap Advisors LLC now owns 3,920 shares of the company’s stock valued at $99,000 after purchasing an additional 583 shares during the last quarter. Westwood Wealth Management acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter worth $2,807,000. Finally, Fiduciary Financial Group LLC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 28.9% in the fourth quarter. Fiduciary Financial Group LLC now owns 80,322 shares of the company’s stock worth $2,034,000 after purchasing an additional 18,017 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK stock opened at $24.75 on Monday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.92 and a 52 week high of $25.65. The stock has a market capitalization of $5.20 billion, a PE ratio of 0.90 and a beta of 0.31. The stock’s fifty day moving average is $25.19 and its 200-day moving average is $25.32.

SPDR Bloomberg Short Term High Yield Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.144 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 7.0%. This is an increase from SPDR Bloomberg Short Term High Yield Bond ETF’s previous monthly dividend of $0.14.

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.