Boyd Watterson Asset Management LLC OH Sells 9,895 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Boyd Watterson Asset Management LLC OH trimmed its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 87.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,379 shares of the company’s stock after selling 9,895 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $35,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. SVB Wealth LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter valued at about $44,000. Endowment Wealth Management Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth about $214,000. Wealthcare Advisory Partners LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth about $234,000. Concurrent Investment Advisors LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth about $238,000. Finally, Ritholtz Wealth Management bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth about $253,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK stock opened at $25.57 on Tuesday. The company has a market capitalization of $5.24 billion, a P/E ratio of 0.90 and a beta of 0.31. The company’s 50-day simple moving average is $25.49 and its two-hundred day simple moving average is $25.28. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.70.

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.