IAG Wealth Partners LLC Purchases 1,541 Shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

IAG Wealth Partners LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 2.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,805 shares of the company’s stock after buying an additional 1,541 shares during the quarter. IAG Wealth Partners LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $1,535,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SJNK. Nations Financial Group Inc. IA ADV grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 16.4% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,920 shares of the company’s stock worth $436,000 after buying an additional 2,390 shares in the last quarter. Valley Wealth Managers Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 80.0% during the third quarter. Valley Wealth Managers Inc. now owns 15,509 shares of the company’s stock valued at $399,000 after purchasing an additional 6,892 shares in the last quarter. 49 Wealth Management LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 79.6% during the third quarter. 49 Wealth Management LLC now owns 413,392 shares of the company’s stock valued at $10,645,000 after purchasing an additional 183,269 shares in the last quarter. Private Trust Co. NA boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 98.3% during the third quarter. Private Trust Co. NA now owns 1,878 shares of the company’s stock valued at $48,000 after purchasing an additional 931 shares in the last quarter. Finally, BNP Paribas Financial Markets bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter valued at about $138,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK stock opened at $25.21 on Thursday. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $24.67 and a 1-year high of $25.77. The stock’s 50-day moving average is $25.46 and its 200 day moving average is $25.48. The company has a market cap of $5.07 billion, a P/E ratio of 0.91 and a beta of 0.37.

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.