Prevail Innovative Wealth Advisors LLC Boosts Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Prevail Innovative Wealth Advisors LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNKFree Report) by 161.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 238,174 shares of the company’s stock after buying an additional 147,185 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF makes up about 1.1% of Prevail Innovative Wealth Advisors LLC’s holdings, making the stock its 23rd biggest position. Prevail Innovative Wealth Advisors LLC owned approximately 0.11% of SPDR Bloomberg Short Term High Yield Bond ETF worth $6,031,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 8.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 17,098,748 shares of the company’s stock valued at $436,856,000 after buying an additional 1,319,118 shares during the last quarter. iA Global Asset Management Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% in the 4th quarter. iA Global Asset Management Inc. now owns 7,069,236 shares of the company’s stock valued at $178,993,000 after buying an additional 2,037,400 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 0.7% in the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 6,868,188 shares of the company’s stock valued at $173,903,000 after buying an additional 48,180 shares during the last quarter. Wealthfront Advisers LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 8.8% in the 4th quarter. Wealthfront Advisers LLC now owns 3,661,594 shares of the company’s stock valued at $92,712,000 after buying an additional 294,810 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 6.4% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,522,304 shares of the company’s stock valued at $89,185,000 after buying an additional 211,827 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA:SJNK opened at $25.01 on Thursday. The firm’s fifty day moving average price is $25.02 and its 200 day moving average price is $25.21. 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 firm has a market cap of $4.77 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29.

About SPDR Bloomberg Short Term High Yield Bond ETF

(Free Report)

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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Institutional Ownership by Quarter for SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

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