BayBridge Capital Group LLC Has $4.92 Million Stake in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

BayBridge Capital Group LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 22.0% in the 2nd quarter, Holdings Channel reports. The firm owned 196,703 shares of the company’s stock after acquiring an additional 35,523 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF comprises 2.6% of BayBridge Capital Group LLC’s investment portfolio, making the stock its 9th largest holding. BayBridge Capital Group LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $4,923,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. First Bancorp Inc ME purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $28,000. Franklin Resources Inc. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $36,000. Ascentis Independent Advisors purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter worth approximately $55,000. Continuum Advisory LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth $58,000. Finally, Private Wealth Asset Management LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in the 4th quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock worth $61,000 after buying an additional 1,500 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.70 on Wednesday. The firm’s fifty day moving average price is $24.86 and its 200-day moving average price is $24.98. The stock has a market cap of $4.73 billion, a P/E ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $24.69 and a fifty-two week high of $25.65.

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.