32,048 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Essex LLC

Essex LLC lowered its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 3.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 974,585 shares of the company’s stock after selling 32,048 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF makes up approximately 3.3% of Essex LLC’s holdings, making the stock its 8th largest holding. Essex LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $23,634,000 as of its most recent SEC filing.

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

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA SJNK traded down $0.09 during mid-day trading on Wednesday, hitting $24.10. 5,307,891 shares of the stock traded hands, compared to its average volume of 3,291,315. The stock has a fifty day moving average price of $24.62 and a 200-day moving average price of $24.86. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.99 and a 52 week 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.