Howard Financial Services LTD. cut its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 10.0% during the second quarter, Holdings Channel reports. The fund owned 670,023 shares of the company’s stock after selling 74,234 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 1.7% of Howard Financial Services LTD.’s holdings, making the stock its 20th biggest holding. Howard Financial Services LTD.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $16,771,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. iA Global Asset Management Inc. lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% during 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 purchasing an additional 2,037,400 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 0.7% in the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 6,868,188 shares of the company’s stock valued at $173,903,000 after purchasing an additional 48,180 shares during the last quarter. LPL Financial LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% in the fourth quarter. LPL Financial LLC now owns 6,044,705 shares of the company’s stock valued at $153,052,000 after purchasing an additional 270,066 shares during the last quarter. Wealthfront Advisers LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% in the first quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock valued at $134,025,000 after purchasing an additional 1,703,692 shares during the period. Finally, Bank of America Corp DE raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.6% in the third quarter. Bank of America Corp DE now owns 2,862,650 shares of the company’s stock valued at $73,284,000 after purchasing an additional 72,659 shares during the period.
SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance
NYSEARCA SJNK opened at $24.84 on Wednesday. The firm has a 50-day moving average of $24.94 and a 200-day moving average of $25.07. The stock has a market cap of $4.76 billion, a PE ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.72 and a 52-week high of $25.65.
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.
Featured Articles
- Five stocks we like better than SPDR Bloomberg Short Term High Yield Bond ETF
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
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).
Receive News & Ratings for SPDR Bloomberg Short Term High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg Short Term High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
