Stratos Wealth Partners LTD. lessened its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 83.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,970 shares of the company’s stock after selling 257,232 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $1,299,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the company. SVB Wealth LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the first quarter valued at about $44,000. Endowment Wealth Management Inc. bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter valued at about $214,000. Wealthcare Advisory Partners LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter valued at about $234,000. Concurrent Investment Advisors LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter valued at about $238,000. Finally, Ritholtz Wealth Management bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter valued at about $253,000.
SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.0%
Shares of NYSEARCA:SJNK opened at $25.45 on Wednesday. The stock’s 50-day moving average price is $25.48 and its 200-day moving average price is $25.25. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.92 and a 12-month high of $25.70. The stock has a market capitalization of $4.98 billion, a P/E ratio of 0.90 and a beta of 0.36.
SPDR Bloomberg Short Term High Yield Bond ETF Company 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.
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