Waterloo Capital L.P. Buys 66,324 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Waterloo Capital L.P. lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 21.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 379,793 shares of the company’s stock after purchasing an additional 66,324 shares during the quarter. Waterloo Capital L.P.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $9,616,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriflex Group Inc. raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% during the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock valued at $30,000 after purchasing an additional 970 shares during the period. City Holding Co. bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at $32,000. Franklin Resources Inc. bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at $36,000. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at $65,000. Finally, Boyd Watterson Asset Management LLC OH raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 129.3% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 3,162 shares of the company’s stock valued at $81,000 after purchasing an additional 1,783 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

NYSEARCA:SJNK opened at $25.14 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.72 and a 52-week high of $25.65. The firm has a market cap of $4.80 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29. The business’s fifty day moving average is $25.04 and its 200 day moving average is $25.20.

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.