21,009 Shares in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Acquired by QP Wealth Management LLC

QP Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 21,009 shares of the company’s stock, valued at approximately $532,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SJNK. Ameriflex Group Inc. raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% in the third quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock worth $30,000 after acquiring an additional 970 shares during the period. Root Financial Partners LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter valued at $35,000. Franklin Resources Inc. bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at $36,000. Private Trust Co. NA grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the 3rd quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after acquiring an additional 400 shares during the period. Finally, Boyd Watterson Asset Management LLC OH increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 129.3% in the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 3,162 shares of the company’s stock worth $81,000 after purchasing an additional 1,783 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.80 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.65. The stock’s fifty day moving average is $25.25 and its 200 day moving average is $25.35. The stock has a market cap of $5.21 billion, a P/E ratio of 0.90 and a beta of 0.31.

SPDR Bloomberg Short Term High Yield Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.144 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change from SPDR Bloomberg Short Term High Yield Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a yield of 7.0%.

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.