SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Essex LLC

Essex LLC cut its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 3.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,050,861 shares of the company’s stock after selling 38,286 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 5.3% of Essex LLC’s investment portfolio, making the stock its 4th largest position. Essex LLC owned approximately 0.56% of SPDR Bloomberg Short Term High Yield Bond ETF worth $26,776,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 11.8% during the first quarter. Farther Finance Advisors LLC now owns 6,517 shares of the company’s stock worth $163,000 after buying an additional 690 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 18.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 453,004 shares of the company’s stock worth $11,543,000 after acquiring an additional 71,336 shares in the last quarter. Endowment Wealth Management Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $214,000. Bogart Wealth LLC grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.3% in the 1st quarter. Bogart Wealth LLC now owns 37,027 shares of the company’s stock worth $932,000 after acquiring an additional 823 shares during the period. Finally, Summit Financial LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at approximately $270,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK stock opened at $25.36 on Wednesday. The stock has a market cap of $4.97 billion, a PE ratio of 0.90 and a beta of 0.36. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.92 and a 1 year high of $25.70. The stock has a fifty day moving average price of $25.47 and a 200 day moving average price of $25.23.

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.