Balefire LLC Sells 55,504 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Balefire LLC reduced its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 74.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 18,777 shares of the company’s stock after selling 55,504 shares during the period. Balefire LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $469,000 as of its most recent filing with the SEC.

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

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK stock opened at $24.92 on Tuesday. The stock has a 50-day moving average price of $24.98 and a two-hundred day moving average price of $25.11. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.72 and a 1 year high of $25.65. The stock has a market cap of $4.91 billion, a PE ratio of 0.90 and a beta of 0.29.

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.