374,878 Shares in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Purchased by Sterling Manor Financial LLC

Sterling Manor Financial LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the third quarter, HoldingsChannel.com reports. The fund acquired 374,878 shares of the company’s stock, valued at approximately $9,091,000. SPDR Bloomberg Short Term High Yield Bond ETF makes up about 5.2% of Sterling Manor Financial LLC’s holdings, making the stock its 9th biggest holding.

Several other large investors have also recently modified their holdings of SJNK. QP Wealth Management LLC lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 2.3% during the third quarter. QP Wealth Management LLC now owns 19,519 shares of the company’s stock valued at $473,000 after acquiring an additional 435 shares during the last quarter. Capital Analysts LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 13.6% in the second quarter. Capital Analysts LLC now owns 4,304 shares of the company’s stock worth $108,000 after purchasing an additional 516 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 2.4% in the first quarter. Sequoia Financial Advisors LLC now owns 24,667 shares of the company’s stock worth $616,000 after purchasing an additional 575 shares during the last quarter. Sound Income Strategies LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 0.3% in the third quarter. Sound Income Strategies LLC now owns 227,665 shares of the company’s stock worth $5,505,000 after purchasing an additional 668 shares during the last quarter. Finally, Royal Fund Management LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 10.9% in the first quarter. Royal Fund Management LLC now owns 10,134 shares of the company’s stock worth $253,000 after purchasing an additional 993 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.2%

Shares of SJNK stock traded up $0.06 during trading hours on Wednesday, reaching $24.11. 946,390 shares of the company’s stock were exchanged, compared to its average volume of 3,294,376. The stock’s 50 day moving average is $24.54 and its 200-day moving average is $24.83. The company has a market cap of $4.40 billion, a price-to-earnings ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $23.99 and a fifty-two week high of $25.58.

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.