Prosperity Planning Inc. bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 28,797 shares of the company’s stock, valued at approximately $698,000.
Several other institutional investors have also recently bought and sold shares of SJNK. LPL Financial LLC lifted 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 worth $153,052,000 after acquiring an additional 270,066 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% during the 1st 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 last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,717,476 shares of the company’s stock valued at $68,018,000 after purchasing an additional 365,297 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. increased its position in SPDR Bloomberg Short Term High Yield Bond ETF by 8.6% during the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 2,545,222 shares of the company’s stock worth $64,445,000 after purchasing an additional 201,866 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 7.3% in the 1st quarter. Assetmark Inc. now owns 2,475,556 shares of the company’s stock valued at $61,839,000 after purchasing an additional 168,058 shares during the last quarter.
SPDR Bloomberg Short Term High Yield Bond ETF Price Performance
Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.18 on Friday. The company’s 50 day moving average price is $24.65 and its two-hundred day moving average price is $24.87. The firm has a market capitalization of $4.38 billion, a P/E ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $23.99 and a fifty-two week high of $25.58.
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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