Ritholtz Wealth Management Takes $253,000 Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Ritholtz Wealth Management bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,946 shares of the company’s stock, valued at approximately $253,000.

Other institutional investors have also recently made changes to their positions in the company. SVB Wealth LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter valued at approximately $44,000. Endowment Wealth Management Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at approximately $214,000. Wealthcare Advisory Partners LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at approximately $234,000. Concurrent Investment Advisors LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth $238,000. Finally, Summit Financial LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter worth $270,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA SJNK opened at $25.45 on Wednesday. The firm has a market cap of $4.98 billion, a PE ratio of 0.90 and a beta of 0.36. The firm has a fifty day moving average of $25.48 and a 200 day moving average of $25.25. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.70.

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.