SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Bought by Sterling Manor Financial LLC

Sterling Manor Financial LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 15.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 322,349 shares of the company’s stock after buying an additional 42,510 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF accounts for about 5.2% of Sterling Manor Financial LLC’s investment portfolio, making the stock its 9th biggest holding. Sterling Manor Financial LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $8,252,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Guggenheim Capital LLC lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 11.3% in the second quarter. Guggenheim Capital LLC now owns 332,304 shares of the company’s stock valued at $8,467,000 after buying an additional 33,722 shares during the period. AE Wealth Management LLC grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 5.6% during the 2nd quarter. AE Wealth Management LLC now owns 118,169 shares of the company’s stock worth $3,011,000 after buying an additional 6,292 shares during the period. Blue Capital Inc. bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at about $3,464,000. Concurrent Investment Advisors LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at approximately $238,000. Finally, Janney Montgomery Scott LLC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 18.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 453,004 shares of the company’s stock worth $11,543,000 after acquiring an additional 71,336 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA SJNK opened at $25.25 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $23.92 and a 52-week high of $25.65. The stock has a market cap of $5.30 billion, a P/E ratio of 0.90 and a beta of 0.31. The firm has a 50 day moving average price of $25.35 and a 200 day moving average price of $25.38.

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.