Friedenthal Financial Acquires 419 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Friedenthal Financial increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 3.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,712 shares of the company’s stock after acquiring an additional 419 shares during the quarter. Friedenthal Financial’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of SJNK. Ameriprise Financial Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% during the 1st quarter. Ameriprise Financial Inc. now owns 18,679,447 shares of the company’s stock valued at $474,132,000 after purchasing an additional 6,124,456 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at about $62,337,000. Moulton Wealth Management Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 255.2% during the 2nd quarter. Moulton Wealth Management Inc. now owns 440,775 shares of the company’s stock valued at $11,196,000 after purchasing an additional 316,693 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,145,151 shares of the company’s stock valued at $80,138,000 after purchasing an additional 141,129 shares during the last quarter. Finally, OLD Mission Capital LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 69.4% during the 1st quarter. OLD Mission Capital LLC now owns 266,156 shares of the company’s stock valued at $6,696,000 after purchasing an additional 109,037 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK stock opened at $25.45 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.70. The company’s 50-day moving average is $25.48 and its 200 day moving average is $25.22. The company has a market capitalization of $4.93 billion, a price-to-earnings ratio of 0.90 and a beta of 0.36.

SPDR Bloomberg Short Term High Yield Bond ETF 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.