SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 93.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 154,089 shares of the company’s stock after purchasing an additional 74,594 shares during the quarter. Sowell Financial Services LLC owned about 0.08% of SPDR Bloomberg Short Term High Yield Bond ETF worth $3,945,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Franklin Resources Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth about $36,000. First Horizon Advisors Inc. lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 360.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,576 shares of the company’s stock worth $40,000 after acquiring an additional 1,234 shares during the period. Private Trust Co. NA lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the 3rd quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock worth $51,000 after acquiring an additional 400 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock valued at $96,000 after purchasing an additional 519 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 10.2% during the third quarter. Farther Finance Advisors LLC now owns 5,902 shares of the company’s stock worth $151,000 after purchasing an additional 546 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of NYSEARCA SJNK opened at $25.30 on Friday. The stock has a fifty day moving average price of $25.34 and a 200 day moving average price of $25.39. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $23.92 and a 1-year high of $25.65. The company has a market cap of $5.31 billion, a PE ratio of 0.90 and a beta of 0.31.

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.