SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Position Lessened by Sowell Financial Services LLC

Sowell Financial Services LLC lowered its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 3.2% during the second quarter, HoldingsChannel.com reports. The firm owned 79,495 shares of the company’s stock after selling 2,595 shares during the quarter. Sowell Financial Services LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $2,026,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriflex Group Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at about $30,000. Park Square Financial Group LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at approximately $428,000. Parallel Advisors LLC lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 16,214.3% in the first quarter. Parallel Advisors LLC now owns 5,710 shares of the company’s stock valued at $144,000 after acquiring an additional 5,675 shares during the last quarter. NBC Securities Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 106,338.9% in the first quarter. NBC Securities Inc. now owns 19,159 shares of the company’s stock worth $482,000 after acquiring an additional 19,141 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of 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 worth $163,000 after purchasing an additional 690 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.1%

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.63 on Tuesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $23.92 and a 1-year high of $25.77. The firm’s fifty day simple moving average is $25.45 and its 200-day simple moving average is $25.20. The company has a market capitalization of $4.85 billion, a P/E ratio of 0.90 and a beta of 0.36.

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.