Ameritas Advisory Services LLC Boosts Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Ameritas Advisory Services LLC grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 4,013.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,879 shares of the company’s stock after buying an additional 31,104 shares during the period. Ameritas Advisory Services LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $807,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Ameriflex Group Inc. lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% during the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock valued at $30,000 after buying an additional 970 shares in the last quarter. City Holding Co. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at about $32,000. Root Financial Partners LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter worth approximately $35,000. Franklin Resources Inc. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $36,000. Finally, Ashton Thomas Securities LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter worth approximately $65,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK opened at $24.92 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.72 and a 1 year high of $25.65. The company has a 50 day simple moving average of $25.03 and a two-hundred day simple moving average of $25.23. The firm has a market cap of $4.76 billion, a P/E ratio of 0.90 and a beta of 0.29.

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.