Disciplined Investments LLC lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 4.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 342,722 shares of the company’s stock after purchasing an additional 15,114 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF accounts for 3.7% of Disciplined Investments LLC’s portfolio, making the stock its 5th largest position. Disciplined Investments LLC owned about 0.18% of SPDR Bloomberg Short Term High Yield Bond ETF worth $8,733,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the company. Ameriprise Financial Inc. raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% in the first 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 in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% in the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,145,151 shares of the company’s stock valued at $80,138,000 after purchasing an additional 141,129 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at $62,337,000. Allspring Global Investments Holdings LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at $22,117,000. Finally, Angeles Wealth Management LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 0.7% in the second quarter. Angeles Wealth Management LLC now owns 781,264 shares of the company’s stock valued at $19,907,000 after purchasing an additional 5,398 shares in the last quarter.
SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.2%
Shares of NYSEARCA SJNK opened at $25.42 on Friday. The business has a fifty day simple moving average of $25.48 and a 200 day simple moving average of $25.23. The firm has a market capitalization of $5.04 billion, a price-to-earnings ratio of 0.90 and a beta of 0.36. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.70.
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.
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