TradeWell Securities LLC. Acquires New Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

TradeWell Securities LLC. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 36,204 shares of the company’s stock, valued at approximately $917,000. SPDR Bloomberg Short Term High Yield Bond ETF makes up approximately 0.2% of TradeWell Securities LLC.’s portfolio, making the stock its 27th largest holding.

Other large investors also recently bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 33.3% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,000,000 shares of the company’s stock valued at $25,000 after buying an additional 250,000 shares during the period. Ameriflex Group Inc. grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% in the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock valued at $30,000 after buying an additional 970 shares during the period. City Holding Co. purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at approximately $32,000. Franklin Resources Inc. purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at approximately $36,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at approximately $65,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.09 on Thursday. The firm has a 50 day simple moving average of $25.03 and a 200-day simple moving average of $25.21. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $24.72 and a 1-year high of $25.65. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29.

SPDR Bloomberg Short Term High Yield Bond ETF 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.