Coppell Advisory Solutions LLC Acquires Shares of 48,312 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Coppell Advisory Solutions LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 48,312 shares of the company’s stock, valued at approximately $1,209,000.

A number of other institutional investors have also made changes to their positions in the company. Tower Research Capital LLC TRC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 649,964.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,294,726 shares of the company’s stock valued at $58,102,000 after purchasing an additional 2,294,373 shares in the last quarter. iA Global Asset Management Inc. lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% in the 4th quarter. iA Global Asset Management Inc. now owns 7,069,236 shares of the company’s stock worth $178,993,000 after buying an additional 2,037,400 shares in the last quarter. Wealthfront Advisers LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% in the 1st quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock valued at $134,025,000 after buying an additional 1,703,692 shares during the last quarter. Shenkman Capital Management Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 381.0% in the 4th quarter. Shenkman Capital Management Inc. now owns 1,443,140 shares of the company’s stock valued at $37,539,000 after buying an additional 1,143,095 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter valued at about $12,512,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA SJNK opened at $24.69 on Thursday. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.69 and a 1 year high of $25.65. The stock’s 50-day simple moving average is $24.88 and its 200-day simple moving average is $24.99. The firm has a market cap of $4.73 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29.

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.