SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 46.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,365,286 shares of the company’s stock after acquiring an additional 1,703,692 shares during the quarter. Wealthfront Advisers LLC owned 2.81% of SPDR Bloomberg Short Term High Yield Bond ETF worth $134,025,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in SJNK. Mitsubishi UFJ Trust & Banking Corp raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 33.3% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,000,000 shares of the company’s stock worth $25,000 after buying an additional 250,000 shares during the period. City Holding Co. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter worth approximately $32,000. Franklin Resources Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter valued at approximately $36,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the first quarter valued at approximately $55,000. Finally, Private Wealth Asset Management LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in the 4th quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock valued at $61,000 after acquiring an additional 1,500 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.94 on Thursday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $24.72 and a 52 week high of $25.65. The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29. The company has a 50 day moving average price of $24.99 and a 200 day moving average price of $25.12.

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.