Janney Montgomery Scott LLC Has $5.29 Million Position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Janney Montgomery Scott LLC raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNKFree Report) by 2.7% in the third quarter, Holdings Channel reports. The fund owned 216,358 shares of the company’s stock after purchasing an additional 5,689 shares during the quarter. Janney Montgomery Scott LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $5,292,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. IHT Wealth Management LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 5.3% in the first quarter. IHT Wealth Management LLC now owns 12,406 shares of the company’s stock worth $326,000 after acquiring an additional 619 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 9.9% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 8,468 shares of the company’s stock worth $209,000 after acquiring an additional 766 shares during the last quarter. Coppell Advisory Solutions LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 3.0% in the first quarter. Coppell Advisory Solutions LLC now owns 26,764 shares of the company’s stock worth $659,000 after acquiring an additional 790 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.1% in the third quarter. Captrust Financial Advisors now owns 144,775 shares of the company’s stock worth $3,443,000 after acquiring an additional 1,537 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter worth about $49,000.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.2 %

SJNK stock opened at $25.11 on Tuesday. The firm has a 50-day moving average price of $25.10 and a 200-day moving average price of $24.69. The stock has a market capitalization of $3.97 billion, a P/E ratio of 27.58 and a beta of 0.36. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $23.90 and a 12 month high of $25.33.

SPDR Bloomberg Short Term High Yield Bond ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SJNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNKFree Report).

Institutional Ownership by Quarter for SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

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