RWA Wealth Partners LLC Has $1.08 Million Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

RWA Wealth Partners LLC reduced its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 7.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,290 shares of the company’s stock after selling 3,280 shares during the quarter. RWA Wealth Partners LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $1,078,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of SJNK. Moss Adams Wealth Advisors LLC grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.5% during the 2nd quarter. Moss Adams Wealth Advisors LLC now owns 16,644 shares of the company’s stock worth $424,000 after buying an additional 400 shares during the period. Friedenthal Financial boosted 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 valued at $298,000 after acquiring an additional 419 shares during the last quarter. International Assets Investment Management LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the 2nd quarter. International Assets Investment Management LLC now owns 32,599 shares of the company’s stock worth $831,000 after acquiring an additional 439 shares during the period. NewEdge Advisors LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the 1st quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock valued at $838,000 after acquiring an additional 469 shares during the last quarter. Finally, Ballast Advisors LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% during the 2nd quarter. Ballast Advisors LLC now owns 18,198 shares of the company’s stock valued at $464,000 after acquiring an additional 815 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

SJNK stock opened at $25.28 on Monday. 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 company has a market cap of $5.30 billion, a P/E ratio of 0.90 and a beta of 0.31. The business’s fifty day moving average is $25.46 and its 200-day moving average is $25.33.

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.