LFA Lugano Financial Advisors SA Boosts Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

LFA Lugano Financial Advisors SA raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 23.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 153,241 shares of the company’s stock after acquiring an additional 29,457 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF makes up about 1.9% of LFA Lugano Financial Advisors SA’s portfolio, making the stock its 11th biggest position. LFA Lugano Financial Advisors SA owned about 0.08% of SPDR Bloomberg Short Term High Yield Bond ETF worth $3,783,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Tower Research Capital LLC TRC raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 649,964.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,294,726 shares of the company’s stock worth $58,102,000 after purchasing an additional 2,294,373 shares during the last quarter. iA Global Asset Management Inc. boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% in the fourth quarter. iA Global Asset Management Inc. now owns 7,069,236 shares of the company’s stock valued at $178,993,000 after purchasing an additional 2,037,400 shares during the last quarter. Shenkman Capital Management Inc. boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 381.0% in the fourth quarter. Shenkman Capital Management Inc. now owns 1,443,140 shares of the company’s stock valued at $37,539,000 after purchasing an additional 1,143,095 shares during the last quarter. Jane Street Group LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter worth about $12,512,000. Finally, Raymond James Financial Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 56.7% during the 3rd quarter. Raymond James Financial Inc. now owns 1,059,175 shares of the company’s stock worth $27,115,000 after purchasing an additional 383,227 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

NYSEARCA SJNK opened at $24.91 on Wednesday. The firm has a market capitalization of $4.91 billion, a P/E ratio of 0.90 and a beta of 0.29. The stock has a 50-day simple moving average of $24.99 and a two-hundred day simple moving average of $25.13. 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.

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.