PFG Advisors Boosts Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

PFG Advisors boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 21.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 157,434 shares of the company’s stock after purchasing an additional 27,359 shares during the period. PFG Advisors’ holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $3,986,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the company. Ameriprise Financial Inc. lifted its stake 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 valued at $436,856,000 after purchasing an additional 1,319,118 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.7% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 6,820,008 shares of the company’s stock worth $174,592,000 after acquiring an additional 178,965 shares in the last quarter. iA Global Asset Management Inc. lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 108.0% during the third quarter. iA Global Asset Management Inc. now owns 5,031,836 shares of the company’s stock worth $128,815,000 after acquiring an additional 2,612,700 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.4% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,522,304 shares of the company’s stock worth $89,185,000 after acquiring an additional 211,827 shares in the last quarter. Finally, Clark Capital Management Group Inc. lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.9% during the third quarter. Clark Capital Management Group Inc. now owns 2,921,272 shares of the company’s stock worth $74,785,000 after acquiring an additional 54,370 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA:SJNK opened at $25.23 on Tuesday. The company has a market cap of $4.68 billion, a P/E ratio of 0.90 and a beta of 0.30. The stock’s fifty day moving average price is $25.08 and its two-hundred day moving average price is $25.26. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.55 and a 1 year high of $25.65.

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.