Stratos Wealth Partners LTD. Sells 257,232 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Stratos Wealth Partners LTD. cut its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 83.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,970 shares of the company’s stock after selling 257,232 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $1,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SJNK. Ameriprise Financial Inc. grew 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 worth $474,132,000 after purchasing an additional 6,124,456 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth about $62,337,000. Allspring Global Investments Holdings LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth about $22,117,000. Moulton Wealth Management Inc. grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 255.2% in the second quarter. Moulton Wealth Management Inc. now owns 440,775 shares of the company’s stock worth $11,196,000 after purchasing an additional 316,693 shares during the last quarter. Finally, Mutual Advisors LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth about $3,991,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA SJNK opened at $25.45 on Wednesday. The stock has a market capitalization of $4.98 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 business’s 50-day moving average is $25.48 and its 200 day moving average is $25.25.

SPDR Bloomberg Short Term High Yield Bond ETF Company 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.