Cary Street Partners Investment Advisory LLC Has $216,000 Position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Cary Street Partners Investment Advisory LLC lessened its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,962 shares of the company’s stock after selling 506 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $216,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SJNK. Ameriprise Financial Inc. boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 17.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 9,089,567 shares of the company’s stock worth $222,110,000 after acquiring an additional 1,367,216 shares in the last quarter. SG Americas Securities LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth approximately $30,015,000. Baker Avenue Asset Management LP boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 195,212.3% during the third quarter. Baker Avenue Asset Management LP now owns 253,906 shares of the company’s stock worth $6,211,000 after purchasing an additional 253,776 shares during the period. Adell Harriman & Carpenter Inc. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 298.7% during the fourth quarter. Adell Harriman & Carpenter Inc. now owns 185,435 shares of the company’s stock valued at $4,662,000 after purchasing an additional 138,925 shares during the last quarter. Finally, Arden Trust Co raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 137.1% in the fourth quarter. Arden Trust Co now owns 125,448 shares of the company’s stock valued at $3,154,000 after purchasing an additional 72,542 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.3 %

NYSEARCA SJNK opened at $24.79 on Thursday. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.90 and a 1 year high of $25.33. The company has a fifty day simple moving average of $25.04 and a 200 day simple moving average of $24.89. The company has a market cap of $4.53 billion, a P/E ratio of 0.90 and a beta of 0.26.

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.