Monetary Solutions Ltd Invests $3.62 Million in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Monetary Solutions Ltd purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 142,954 shares of the company’s stock, valued at approximately $3,620,000. SPDR Bloomberg Short Term High Yield Bond ETF comprises 3.6% of Monetary Solutions Ltd’s portfolio, making the stock its 9th biggest position.

A number of other hedge funds have also modified their holdings of SJNK. Tower Research Capital LLC TRC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 649,964.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,294,726 shares of the company’s stock worth $58,102,000 after acquiring an additional 2,294,373 shares during the last quarter. iA Global Asset Management Inc. increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% in the fourth quarter. iA Global Asset Management Inc. now owns 7,069,236 shares of the company’s stock valued at $178,993,000 after purchasing an additional 2,037,400 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 8.4% in the third quarter. Ameriprise Financial Inc. now owns 17,098,748 shares of the company’s stock worth $436,856,000 after purchasing an additional 1,319,118 shares during the period. Shenkman Capital Management Inc. boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 381.0% during the fourth quarter. Shenkman Capital Management Inc. now owns 1,443,140 shares of the company’s stock worth $37,539,000 after purchasing an additional 1,143,095 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 2,175.2% during the 3rd quarter. American Century Companies Inc. now owns 1,017,017 shares of the company’s stock worth $26,036,000 after buying an additional 972,317 shares during the period.

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

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.04 on Friday. The stock’s fifty day simple moving average is $25.06 and its 200 day simple moving average is $25.17. The company has a market capitalization of $4.78 billion, a PE ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $24.72 and a 12 month high of $25.65.

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.