Prosperity Planning Inc. Purchases New Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Prosperity Planning Inc. bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,797 shares of the company’s stock, valued at approximately $698,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% in the first quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock valued at $134,025,000 after buying an additional 1,703,692 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 15.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,717,476 shares of the company’s stock valued at $68,018,000 after buying an additional 365,297 shares during the last quarter. Market Street Wealth Management Advisors LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at about $7,526,000. LPL Financial LLC lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% during the fourth quarter. LPL Financial LLC now owns 6,044,705 shares of the company’s stock worth $153,052,000 after acquiring an additional 270,066 shares during the last quarter. Finally, AA Financial Advisors LLC grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 186.4% in the first quarter. AA Financial Advisors LLC now owns 311,377 shares of the company’s stock valued at $7,778,000 after purchasing an additional 202,649 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

SJNK opened at $24.18 on Friday. The business has a fifty day simple moving average of $24.65 and a 200 day simple moving average of $24.87. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.99 and a 1 year high of $25.58. The company has a market capitalization of $4.38 billion, a PE ratio of 0.90 and a beta of 0.30.

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.