NTV Asset Management LLC Makes New Investment in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

NTV Asset Management LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the third quarter, according to its most recent filing with the SEC. The fund purchased 58,528 shares of the company’s stock, valued at approximately $1,419,000.

Several other hedge funds have also bought and sold shares of the stock. Wealthfront Advisers LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% during the 1st quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock valued at $134,025,000 after purchasing an additional 1,703,692 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,717,476 shares of the company’s stock valued at $68,018,000 after purchasing an additional 365,297 shares in the last quarter. Assetmark Inc. increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.3% in the first quarter. Assetmark Inc. now owns 2,475,556 shares of the company’s stock worth $61,839,000 after purchasing an additional 168,058 shares during the last quarter. Angeles Wealth Management LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.7% in the second quarter. Angeles Wealth Management LLC now owns 1,106,976 shares of the company’s stock worth $27,708,000 after purchasing an additional 18,620 shares during the last quarter. Finally, Essex LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.9% in the first quarter. Essex LLC now owns 857,935 shares of the company’s stock worth $21,431,000 after purchasing an additional 16,182 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.0%

NYSEARCA:SJNK opened at $24.10 on Friday. The company has a market capitalization of $4.38 billion, a P/E ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $23.99 and a 12 month high of $25.58. The business’s 50-day moving average is $24.50 and its 200 day moving average is $24.82.

SPDR Bloomberg Short Term High Yield Bond ETF Company 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.