LPL Financial LLC Has $153.05 Million Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

LPL Financial LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 4.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,044,705 shares of the company’s stock after acquiring an additional 270,066 shares during the period. LPL Financial LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $153,052,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SJNK. Mitsubishi UFJ Trust & Banking Corp raised 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 in the last quarter. Ameriflex Group Inc. raised 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 in the last quarter. City Holding Co. acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at $32,000. Franklin Resources Inc. acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at $36,000. Finally, Private Wealth Asset Management LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in the 4th quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock valued at $61,000 after buying an additional 1,500 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK opened at $24.88 on Thursday. The firm’s 50-day simple moving average is $25.05 and its 200-day simple moving average is $25.19. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $24.72 and a twelve month high of $25.65. The firm has a market cap of $4.75 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29.

About SPDR Bloomberg Short Term High Yield Bond ETF

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.