WT Wealth Management boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 48.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 85,496 shares of the company’s stock after purchasing an additional 27,810 shares during the quarter. WT Wealth Management’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $2,136,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 33.3% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,000,000 shares of the company’s stock worth $25,000 after purchasing an additional 250,000 shares during the last quarter. Ameriflex Group Inc. boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% during the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock worth $30,000 after acquiring an additional 970 shares during the last quarter. City Holding Co. bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter valued at about $32,000. Franklin Resources Inc. purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $36,000. Finally, Private Wealth Asset Management LLC increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in the fourth quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock worth $61,000 after purchasing an additional 1,500 shares in the last quarter.
SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance
SJNK stock opened at $25.01 on Friday. The company’s fifty day moving average price is $25.05 and its 200-day moving average price is $25.16. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $24.72 and a one year high of $25.65. The company has a market capitalization of $4.77 billion, a PE ratio of 0.90 and a beta of 0.29.
About SPDR Bloomberg Short Term High Yield Bond ETF
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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