SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Shares Acquired by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 16.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 16,920 shares of the company’s stock after purchasing an additional 2,390 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $436,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Fifth Third Securities Inc. grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.8% during the 2nd quarter. Fifth Third Securities Inc. now owns 187,129 shares of the company’s stock worth $4,673,000 after purchasing an additional 11,836 shares during the period. Burke & Herbert Bank & Trust Co. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth about $943,000. IAG Wealth Partners LLC increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 13.6% during the second quarter. IAG Wealth Partners LLC now owns 54,871 shares of the company’s stock valued at $1,370,000 after acquiring an additional 6,557 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at approximately $10,312,000. Finally, Arkadios Wealth Advisors acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $406,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.52 on Thursday. The company has a market capitalization of $4.70 billion, a PE ratio of 0.91 and a beta of 0.26. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $24.49 and a fifty-two week high of $25.77. The firm has a 50 day moving average price of $25.54 and a 200 day moving average price of $25.23.

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.