OLD Mission Capital LLC Takes $3.97 Million Position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

OLD Mission Capital LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the fourth quarter, HoldingsChannel.com reports. The fund bought 157,119 shares of the company’s stock, valued at approximately $3,967,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. BNP Paribas Financial Markets acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter worth $138,000. Captrust Financial Advisors increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.2% during the 3rd quarter. Captrust Financial Advisors now owns 10,404 shares of the company’s stock worth $268,000 after purchasing an additional 698 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 102.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 51,661 shares of the company’s stock valued at $1,330,000 after purchasing an additional 26,142 shares during the last quarter. iA Global Asset Management Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 24.1% in the third quarter. iA Global Asset Management Inc. now owns 1,554,800 shares of the company’s stock valued at $40,036,000 after buying an additional 302,100 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 21.5% in the third quarter. TD Private Client Wealth LLC now owns 73,776 shares of the company’s stock valued at $1,900,000 after buying an additional 13,074 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.5 %

NYSEARCA SJNK opened at $25.04 on Wednesday. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 0.91 and a beta of 0.37. 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 company has a 50 day moving average of $25.41 and a 200-day moving average of $25.46.

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.