Crabel Capital Management LLC Increases Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Crabel Capital Management LLC raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 152.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 276,892 shares of the company’s stock after acquiring an additional 167,425 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF makes up about 4.3% of Crabel Capital Management LLC’s portfolio, making the stock its 9th biggest holding. Crabel Capital Management LLC owned approximately 0.15% of SPDR Bloomberg Short Term High Yield Bond ETF worth $7,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Ameriprise Financial Inc. lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% during the first quarter. Ameriprise Financial Inc. now owns 18,679,447 shares of the company’s stock worth $474,132,000 after purchasing an additional 6,124,456 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 3,479,826 shares of the company’s stock worth $88,666,000 after buying an additional 212,167 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,145,151 shares of the company’s stock worth $80,138,000 after buying an additional 141,129 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,741,395 shares of the company’s stock worth $69,626,000 after buying an additional 71,029 shares during the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $62,337,000.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.1%

Shares of NYSEARCA SJNK opened at $25.45 on Thursday. The company has a market cap of $5.34 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $23.92 and a 12 month high of $25.70. The stock has a 50-day moving average price of $25.41 and a two-hundred day moving average price of $25.36.

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.