SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 282.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 448,204 shares of the company’s stock after acquiring an additional 331,032 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.22% of SPDR Bloomberg Short Term High Yield Bond ETF worth $11,384,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ameriflex Group Inc. increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% during the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock worth $30,000 after purchasing an additional 970 shares in the last quarter. Root Financial Partners LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter valued at $35,000. Franklin Resources Inc. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth $36,000. Private Trust Co. NA increased its position in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the third quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock worth $51,000 after buying an additional 400 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 129.3% in the third quarter. Boyd Watterson Asset Management LLC OH now owns 3,162 shares of the company’s stock valued at $81,000 after acquiring an additional 1,783 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.6%

SJNK opened at $24.81 on Friday. The firm 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 has a 52 week low of $23.92 and a 52 week high of $25.65. The business’s fifty day simple moving average is $25.20 and its 200 day simple moving average is $25.33.

SPDR Bloomberg Short Term High Yield Bond ETF Increases Dividend

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

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.