SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. decreased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 39.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,447 shares of the company’s stock after selling 51,889 shares during the quarter. Cabot Wealth Management Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $1,986,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% in the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock valued at $30,000 after acquiring an additional 970 shares during the period. City Holding Co. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at $32,000. Root Financial Partners LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at $35,000. Franklin Resources Inc. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at $36,000. Finally, Ashton Thomas Securities LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at $65,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.09 on Thursday. The company’s fifty day moving average price is $25.05 and its 200 day moving average price is $25.25. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.72 and a 1 year high of $25.65. The stock has a market capitalization of $4.79 billion, a P/E ratio of 0.90 and a beta of 0.29.

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.