Fulton Breakefield Broenniman LLC decreased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 5.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 450,699 shares of the company’s stock after selling 24,367 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $11,484,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of SJNK. SVB Wealth LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter worth $44,000. Proathlete Wealth Management LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter worth $48,000. Farther Finance Advisors LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 11.8% in the first quarter. Farther Finance Advisors LLC now owns 6,517 shares of the company’s stock worth $163,000 after purchasing an additional 690 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth $234,000. Finally, Summit Financial LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter worth $270,000.
SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.1%
SJNK stock opened at $25.42 on Thursday. The stock’s fifty day simple moving average is $25.48 and its two-hundred day simple moving average is $25.23. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $23.92 and a 1-year high of $25.70. The stock has a market cap of $4.93 billion, a P/E ratio of 0.90 and a beta of 0.36.
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 Stories
- Five stocks we like better than SPDR Bloomberg Short Term High Yield Bond ETF
- Health Care Stocks Explained: Why You Might Want to Invest
- Lowe’s vs. Home Depot: Which Benefits More From Lower Rates?
- What is Forex and How Does it Work?
- These 5 Beaten-Down Tech Stocks Could Catch Fire Next
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Falcon Flex Drives Growth as CrowdStrike Bets on AI Security
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.
