Wealthfront Advisers LLC Sells 113,042 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Wealthfront Advisers LLC lessened its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 3.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,366,784 shares of the company’s stock after selling 113,042 shares during the period. Wealthfront Advisers LLC owned approximately 1.60% of SPDR Bloomberg Short Term High Yield Bond ETF worth $86,190,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SJNK. Chesley Taft & Associates LLC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1.1% in the 3rd quarter. Chesley Taft & Associates LLC now owns 35,950 shares of the company’s stock worth $920,000 after purchasing an additional 400 shares during the period. Private Trust Co. NA boosted its position in shares of 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 during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 0.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 117,172 shares of the company’s stock worth $2,982,000 after buying an additional 436 shares in the last quarter. International Assets Investment Management LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the 2nd quarter. International Assets Investment Management LLC now owns 32,599 shares of the company’s stock valued at $831,000 after buying an additional 439 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the 1st quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock valued at $838,000 after buying an additional 469 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.1%

NYSEARCA SJNK opened at $25.33 on Tuesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.92 and a 12-month high of $25.65. The company has a market capitalization of $5.32 billion, a PE ratio of 0.90 and a beta of 0.31. The firm’s 50 day moving average is $25.36 and its 200-day moving average is $25.40.

SPDR Bloomberg Short Term High Yield Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.1397 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 6.6%.

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.