Kestra Advisory Services LLC Buys 26,980 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Kestra Advisory Services LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 5.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 566,691 shares of the company’s stock after buying an additional 26,980 shares during the period. Kestra Advisory Services LLC owned approximately 0.31% of SPDR Bloomberg Short Term High Yield Bond ETF worth $13,742,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter worth $168,546,000. Wealthfront Advisers LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% in the first quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock valued at $134,025,000 after acquiring an additional 1,703,692 shares during the period. Park Avenue Securities LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter valued at $13,274,000. Angeles Investment Advisors LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter worth about $11,805,000. Finally, Sterling Manor Financial LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter worth about $9,091,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.07 on Monday. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.97 and a 12-month high of $25.49. The firm has a 50-day moving average price of $24.35 and a 200-day moving average price of $24.87. The firm has a market capitalization of $4.35 billion, a PE ratio of 0.90 and a beta of 0.31.

About SPDR Bloomberg Short Term High Yield Bond ETF

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.