NewEdge Advisors LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 28.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 310,422 shares of the company’s stock after buying an additional 69,152 shares during the period. NewEdge Advisors LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $7,770,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Bancorp Inc ME purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth about $28,000. Franklin Resources Inc. purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at about $36,000. Ascentis Independent Advisors acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at about $55,000. Continuum Advisory LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at about $58,000. Finally, Private Wealth Asset Management LLC raised its holdings in 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 valued at $61,000 after acquiring an additional 1,500 shares during the last quarter.
SPDR Bloomberg Short Term High Yield Bond ETF Price Performance
SJNK opened at $24.60 on Friday. The firm has a market capitalization of $4.71 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29. The company’s 50 day simple moving average is $24.84 and its two-hundred day simple moving average is $24.96. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $24.59 and a 1-year 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.
Featured Articles
- Five stocks we like better than SPDR Bloomberg Short Term High Yield Bond ETF
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Want to see what other hedge funds are holding SJNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report).
Receive News & Ratings for SPDR Bloomberg Short Term High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg Short Term High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
