SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Position Raised by TFB Advisors LLC

TFB Advisors LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 45.8% in the second quarter, Holdings Channel reports. The firm owned 12,908 shares of the company’s stock after buying an additional 4,056 shares during the period. TFB Advisors LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $329,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 18.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 453,004 shares of the company’s stock worth $11,543,000 after purchasing an additional 71,336 shares in the last quarter. Endowment Wealth Management Inc. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $214,000. Concurrent Investment Advisors LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth approximately $238,000. Bogart Wealth LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 2.3% during the first quarter. Bogart Wealth LLC now owns 37,027 shares of the company’s stock valued at $932,000 after purchasing an additional 823 shares during the last quarter. Finally, Ritholtz Wealth Management acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter valued at approximately $253,000.

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

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.40 on Thursday. The firm has a fifty day simple moving average of $25.48 and a 200-day simple moving average of $25.25. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $23.92 and a 1-year high of $25.70. The stock has a market capitalization of $4.97 billion, a price-to-earnings 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.