Virtue Capital Management LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 26,020 shares of the company’s stock, valued at approximately $631,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 28.7% in the second quarter. NewEdge Advisors LLC now owns 310,422 shares of the company’s stock worth $7,770,000 after buying an additional 69,152 shares during the last quarter. Moulton Wealth Management Inc. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 32.7% during the 2nd quarter. Moulton Wealth Management Inc. now owns 245,850 shares of the company’s stock valued at $6,119,000 after acquiring an additional 60,542 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at $1,110,000. XP Advisory US Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at $1,275,000. Finally, Mason & Associates Inc boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 7.4% during the 1st quarter. Mason & Associates Inc now owns 630,741 shares of the company’s stock valued at $15,636,000 after acquiring an additional 43,313 shares during the last quarter.
SPDR Bloomberg Short Term High Yield Bond ETF Price Performance
Shares of SJNK stock opened at $23.98 on Tuesday. The firm has a market cap of $4.33 billion, a P/E ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $23.98 and a 1-year high of $25.49. The firm has a fifty day moving average of $24.41 and a two-hundred day moving average of $24.89.
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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