Oppenheimer Asset Management Inc. Raises Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Oppenheimer Asset Management Inc. increased its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 16.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 176,171 shares of the company’s stock after purchasing an additional 25,442 shares during the period. Oppenheimer Asset Management Inc. owned 0.09% of SPDR Bloomberg Short Term High Yield Bond ETF worth $4,489,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Moss Adams Wealth Advisors LLC grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 2.5% in the second quarter. Moss Adams Wealth Advisors LLC now owns 16,644 shares of the company’s stock worth $424,000 after purchasing an additional 400 shares during the period. Rosenberg Matthew Hamilton grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 0.7% in the first quarter. Rosenberg Matthew Hamilton now owns 58,675 shares of the company’s stock worth $1,476,000 after purchasing an additional 416 shares during the period. Friedenthal Financial grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 3.7% in the second quarter. Friedenthal Financial now owns 11,712 shares of the company’s stock worth $298,000 after purchasing an additional 419 shares during the period. International Assets Investment Management LLC grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the second quarter. International Assets Investment Management LLC now owns 32,599 shares of the company’s stock worth $831,000 after purchasing an additional 439 shares during the period. Finally, NewEdge Advisors LLC grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the first quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock worth $838,000 after purchasing an additional 469 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.0%

Shares of SJNK stock opened at $25.56 on Wednesday. The business’s fifty day moving average is $25.49 and its 200 day moving average is $25.29. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $23.92 and a twelve month high of $25.70. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31.

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.