Moulton Wealth Management Inc. Sells 57,326 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Moulton Wealth Management Inc. lessened its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 13.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 383,449 shares of the company’s stock after selling 57,326 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF makes up approximately 7.1% of Moulton Wealth Management Inc.’s portfolio, making the stock its 4th largest holding. Moulton Wealth Management Inc. owned 0.20% of SPDR Bloomberg Short Term High Yield Bond ETF worth $9,816,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SJNK. Flow Traders U.S. LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter valued at $361,000. Summit Financial LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the first quarter worth $270,000. Ameriprise Financial Inc. raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% during the first quarter. Ameriprise Financial Inc. now owns 18,679,447 shares of the company’s stock valued at $474,132,000 after buying an additional 6,124,456 shares in the last quarter. SVB Wealth LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the first quarter valued at about $44,000. Finally, OLD Mission Capital LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 69.4% in the first quarter. OLD Mission Capital LLC now owns 266,156 shares of the company’s stock worth $6,696,000 after buying an additional 109,037 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA SJNK opened at $25.32 on Thursday. The business’s 50-day simple moving average is $25.35 and its 200-day simple moving average is $25.38. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.92 and a 52 week high of $25.65. The firm has a market cap of $5.31 billion, a price-to-earnings 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.