Angeles Wealth Management LLC Has $27.19 Million Stake in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Angeles Wealth Management LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 7.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,088,356 shares of the company’s stock after acquiring an additional 71,186 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF accounts for 1.5% of Angeles Wealth Management LLC’s portfolio, making the stock its 15th largest holding. Angeles Wealth Management LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $27,187,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SJNK. Wealthfront Advisers LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% in the 1st quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock valued at $134,025,000 after purchasing an additional 1,703,692 shares during the last quarter. LFA Lugano Financial Advisors SA raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 23.8% in the first quarter. LFA Lugano Financial Advisors SA now owns 153,241 shares of the company’s stock valued at $3,783,000 after buying an additional 29,457 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.6% in the first quarter. Sanctuary Advisors LLC now owns 451,965 shares of the company’s stock valued at $11,290,000 after buying an additional 19,923 shares during the last quarter. Wealthgarden F.S. LLC lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 1.7% during the 1st quarter. Wealthgarden F.S. LLC now owns 119,330 shares of the company’s stock worth $2,981,000 after buying an additional 2,028 shares in the last quarter. Finally, Calamos Wealth Management LLC lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 44.3% during the 1st quarter. Calamos Wealth Management LLC now owns 47,536 shares of the company’s stock worth $1,187,000 after buying an additional 14,600 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of NYSEARCA:SJNK opened at $24.94 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $24.72 and a 12 month high of $25.65. The company’s 50-day moving average price is $24.99 and its two-hundred day moving average price is $25.12. The firm has a market cap of $4.92 billion, a P/E ratio of 0.90 and a beta of 0.29.

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.