iA Global Asset Management Inc. Has $178.99 Million Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

iA Global Asset Management Inc. increased its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 40.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 7,069,236 shares of the company’s stock after buying an additional 2,037,400 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF comprises approximately 2.3% of iA Global Asset Management Inc.’s holdings, making the stock its 8th largest position. iA Global Asset Management Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $178,993,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SJNK. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 33.3% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,000,000 shares of the company’s stock worth $25,000 after buying an additional 250,000 shares during the period. Ameriflex Group Inc. boosted its holdings 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 worth $30,000 after buying an additional 970 shares during the period. City Holding Co. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter worth $32,000. Root Financial Partners LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter worth $35,000. Finally, Franklin Resources Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth $36,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.92 on Friday. The company has a fifty day moving average of $25.03 and a 200 day moving average of $25.23. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $24.72 and a fifty-two week high of $25.65. The company has a market capitalization of $4.76 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.