LFA Lugano Financial Advisors SA lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 23.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 153,241 shares of the company’s stock after acquiring an additional 29,457 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 1.9% of LFA Lugano Financial Advisors SA’s portfolio, making the stock its 11th biggest holding. LFA Lugano Financial Advisors SA’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $3,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 2.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 22,454 shares of the company’s stock worth $569,000 after buying an additional 457 shares in the last quarter. NewEdge Advisors LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the first quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock valued at $838,000 after buying an additional 469 shares in the last quarter. Insight 2811 Inc. raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the fourth quarter. Insight 2811 Inc. now owns 36,659 shares of the company’s stock worth $928,000 after acquiring an additional 501 shares during the period. Commonwealth Financial Services LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.8% in the fourth quarter. Commonwealth Financial Services LLC now owns 10,890 shares of the company’s stock worth $276,000 after acquiring an additional 503 shares during the period. Finally, Meridian Wealth Management LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 5.4% in the fourth quarter. Meridian Wealth Management LLC now owns 9,961 shares of the company’s stock worth $252,000 after acquiring an additional 509 shares during the period.
SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.1%
SJNK stock opened at $24.91 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.72 and a 52-week high of $25.65. The firm has a market cap of $4.91 billion, a P/E ratio of 0.90 and a beta of 0.29. The company’s 50-day simple moving average is $24.99 and its 200-day simple moving average is $25.13.
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.
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Want to see what other hedge funds are holding SJNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report).
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