Nicholas Wealth LLC. reduced its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 26.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,544 shares of the company’s stock after selling 8,303 shares during the quarter. Nicholas Wealth LLC.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $574,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of SJNK. Shenkman Capital Management Inc. increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 114.6% during the second quarter. Shenkman Capital Management Inc. now owns 600,880 shares of the company’s stock worth $15,280,000 after buying an additional 320,840 shares during the last quarter. Western Wealth Management LLC increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.0% during the 2nd quarter. Western Wealth Management LLC now owns 15,607 shares of the company’s stock worth $398,000 after purchasing an additional 880 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.8% in the 2nd quarter. Kingsview Wealth Management LLC now owns 260,519 shares of the company’s stock worth $6,638,000 after purchasing an additional 11,819 shares during the period. Cetera Investment Advisers lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 21.1% in the second quarter. Cetera Investment Advisers now owns 521,593 shares of the company’s stock valued at $13,290,000 after purchasing an additional 90,787 shares during the last quarter. Finally, Advisors Capital Management LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 5.8% during the second quarter. Advisors Capital Management LLC now owns 1,669,016 shares of the company’s stock valued at $42,527,000 after purchasing an additional 92,010 shares during the period.
SPDR Bloomberg Short Term High Yield Bond ETF Price Performance
Shares of NYSEARCA SJNK opened at $25.21 on Wednesday. The business’s fifty day moving average price is $25.44 and its 200-day moving average price is $25.35. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.70. The stock has a market capitalization of $5.29 billion, a PE ratio of 0.90 and a beta of 0.31.
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.
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