Commonwealth Equity Services LLC Cuts Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Commonwealth Equity Services LLC lessened its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 42.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 220,035 shares of the company’s stock after selling 164,908 shares during the quarter. Commonwealth Equity Services LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $5,571,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SJNK. Mitsubishi UFJ Trust & Banking Corp increased its holdings in 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 worth $25,000 after acquiring an additional 250,000 shares in the last quarter. Ameriflex Group Inc. boosted its stake in 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 during the last quarter. City Holding Co. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter worth $32,000. Franklin Resources Inc. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter worth $36,000. Finally, Private Wealth Asset Management LLC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% during the 4th quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock worth $61,000 after purchasing an additional 1,500 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.3%

Shares of SJNK opened at $24.89 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.72 and a 52-week high of $25.65. The firm’s fifty day moving average is $25.04 and its two-hundred day moving average is $25.19. The stock has a market cap of $4.75 billion, a PE ratio of 0.90 and a beta of 0.29.

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.