SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Sold by Sage Financial Group Inc.

Sage Financial Group Inc. cut its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 94.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,776 shares of the company’s stock after selling 294,884 shares during the period. Sage Financial Group Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter worth $50,000. Park Avenue Securities LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter worth $13,274,000. Apollon Wealth Management LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 10,044 shares of the company’s stock worth $244,000 after buying an additional 616 shares during the last quarter. Bright Futures Wealth Management LLC. lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.0% during the 3rd quarter. Bright Futures Wealth Management LLC. now owns 44,575 shares of the company’s stock worth $1,081,000 after buying an additional 871 shares during the last quarter. Finally, Swmg LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter worth $249,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.5%

NYSEARCA:SJNK opened at $24.24 on Wednesday. The stock’s 50-day simple moving average is $24.47 and its 200 day simple moving average is $24.92. The firm has a market capitalization of $4.41 billion, a PE ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $23.99 and a twelve month high of $25.58.

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.