SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Sold by Cornerstone National Bank & Trust Co

Cornerstone National Bank & Trust Co decreased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 11.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 407,337 shares of the company’s stock after selling 52,160 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF comprises 3.2% of Cornerstone National Bank & Trust Co’s portfolio, making the stock its 9th biggest position. Cornerstone National Bank & Trust Co’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $9,829,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Wealthfront Advisers LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% during the 1st quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock worth $134,025,000 after acquiring an additional 1,703,692 shares during the last quarter. Envestnet Asset Management Inc. raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 15.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,717,476 shares of the company’s stock valued at $68,018,000 after purchasing an additional 365,297 shares during the last quarter. Market Street Wealth Management Advisors LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at $7,526,000. AA Financial Advisors LLC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 186.4% in the first quarter. AA Financial Advisors LLC now owns 311,377 shares of the company’s stock worth $7,778,000 after purchasing an additional 202,649 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 7.3% in the first quarter. Assetmark Inc. now owns 2,475,556 shares of the company’s stock worth $61,839,000 after purchasing an additional 168,058 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK stock traded down $0.03 during trading hours on Tuesday, hitting $24.04. 2,112,084 shares of the company’s stock were exchanged, compared to its average volume of 3,296,734. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.99 and a 52 week high of $25.58. The stock has a market cap of $4.39 billion, a price-to-earnings ratio of 0.90 and a beta of 0.30. The stock’s 50-day moving average is $24.56 and its 200-day moving average is $24.84.

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.