SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Acquired by Lifeworks Advisors LLC

Lifeworks Advisors LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 29.9% during the second quarter, HoldingsChannel.com reports. The fund owned 12,806 shares of the company’s stock after buying an additional 2,950 shares during the period. Lifeworks Advisors LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. SVB Wealth LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at $44,000. Endowment Wealth Management Inc. acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at $214,000. Wealthcare Advisory Partners LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at $234,000. Concurrent Investment Advisors LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at $238,000. Finally, Ritholtz Wealth Management acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at $253,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK opened at $25.44 on Friday. The stock has a market capitalization of $5.25 billion, a P/E ratio of 0.90 and a beta of 0.31. 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 company’s fifty day moving average is $25.49 and its two-hundred day moving average is $25.31.

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.