Cwm LLC Has $11.87 Million Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Cwm LLC trimmed its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 18.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 465,755 shares of the company’s stock after selling 106,475 shares during the quarter. Cwm LLC owned about 0.25% of SPDR Bloomberg Short Term High Yield Bond ETF worth $11,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Ameriprise Financial Inc. lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% in the 1st quarter. Ameriprise Financial Inc. now owns 18,679,447 shares of the company’s stock valued at $474,132,000 after purchasing an additional 6,124,456 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,145,151 shares of the company’s stock worth $80,138,000 after buying an additional 141,129 shares during the period. RMG Wealth Management LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter worth approximately $62,337,000. DAVENPORT & Co LLC raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 5.0% during the 2nd quarter. DAVENPORT & Co LLC now owns 540,980 shares of the company’s stock worth $13,784,000 after buying an additional 25,850 shares during the period. Finally, Curran Financial Partners LLC raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 4.3% during the 2nd quarter. Curran Financial Partners LLC now owns 528,055 shares of the company’s stock worth $13,455,000 after buying an additional 21,918 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK stock opened at $25.33 on Tuesday. The stock’s 50 day simple moving average is $25.47 and its 200 day simple moving average is $25.23. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $23.92 and a fifty-two week high of $25.70. The company has a market cap of $4.96 billion, a P/E ratio of 0.90 and a beta of 0.36.

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.