SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Purchased by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 23.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 431,992 shares of the company’s stock after buying an additional 83,150 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF makes up approximately 1.4% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Lebenthal Global Advisors LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $10,476,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SJNK. First Bancorp Inc ME acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at $28,000. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at about $50,000. Ascentis Independent Advisors purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at about $55,000. Continuum Advisory LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at about $58,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $74,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA SJNK opened at $24.16 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $23.99 and a 12 month high of $25.50. The company has a 50-day moving average of $24.43 and a 200-day moving average of $24.90. The company has a market cap of $4.34 billion, a P/E ratio of 0.90 and a beta of 0.30.

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.