Wealthcare Advisory Partners LLC Buys Shares of 9,171 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Wealthcare Advisory Partners LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 9,171 shares of the company’s stock, valued at approximately $234,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SJNK. SVB Wealth LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter valued at $44,000. Proathlete Wealth Management LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter valued at $48,000. Farther Finance Advisors LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 11.8% during the 1st quarter. Farther Finance Advisors LLC now owns 6,517 shares of the company’s stock valued at $163,000 after buying an additional 690 shares during the last quarter. Summit Financial LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter valued at $270,000. Finally, Meridian Financial LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at $283,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.6%

NYSEARCA:SJNK opened at $25.20 on Friday. The company has a fifty day moving average of $25.47 and a 200 day moving average of $25.23. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.92 and a 52 week high of $25.70. The firm has a market capitalization of $4.91 billion, a P/E ratio of 0.90 and a beta of 0.36.

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.