Resolute Capital LLC Acquires Shares of 54,057 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Resolute Capital LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 54,057 shares of the company’s stock, valued at approximately $1,369,000. SPDR Bloomberg Short Term High Yield Bond ETF makes up about 0.6% of Resolute Capital LLC’s holdings, making the stock its 16th biggest position.

A number of other institutional investors have also added to or reduced their stakes in the stock. Shenkman Capital Management Inc. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 381.0% during the 4th quarter. Shenkman Capital Management Inc. now owns 1,443,140 shares of the company’s stock valued at $37,539,000 after buying an additional 1,143,095 shares in the last quarter. Waterloo Capital L.P. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 21.2% during the 4th quarter. Waterloo Capital L.P. now owns 379,793 shares of the company’s stock valued at $9,616,000 after buying an additional 66,324 shares in the last quarter. Operose Advisors LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at approximately $105,000. Northwestern Mutual Wealth Management Co. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 2.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248,924 shares of the company’s stock valued at $6,303,000 after buying an additional 6,935 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 0.8% during the 4th quarter. Kingsview Wealth Management LLC now owns 270,132 shares of the company’s stock valued at $6,840,000 after buying an additional 2,209 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK opened at $25.14 on Monday. 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 company has a 50 day simple moving average of $25.04 and a two-hundred day simple moving average of $25.20. The firm has a market cap of $4.80 billion, a P/E 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.