SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock: Horizon Wealth Management LLC Boosts Stake

Horizon Wealth Management LLC increased its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 177.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 112,841 shares of the company’s stock after acquiring an additional 72,123 shares during the quarter. Horizon Wealth Management LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $2,736,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at about $168,546,000. Wealthfront Advisers LLC lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% during the first 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. Envestnet Asset Management Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 15.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,717,476 shares of the company’s stock worth $68,018,000 after purchasing an additional 365,297 shares during the period. Assetmark Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 7.3% during the first quarter. Assetmark Inc. now owns 2,475,556 shares of the company’s stock worth $61,839,000 after purchasing an additional 168,058 shares during the period. Finally, Angeles Wealth Management LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 1.7% during the second quarter. Angeles Wealth Management LLC now owns 1,106,976 shares of the company’s stock worth $27,708,000 after purchasing an additional 18,620 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.2%

SJNK opened at $24.09 on Friday. The company has a market capitalization of $4.35 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31. The firm has a 50-day moving average price of $24.36 and a 200-day moving average price of $24.87. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $23.97 and a twelve month high of $25.49.

About SPDR Bloomberg Short Term High Yield Bond ETF

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.