Sumitomo Mitsui Financial Group Inc. Acquires 201,866 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Sumitomo Mitsui Financial Group Inc. lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 8.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,545,222 shares of the company’s stock after purchasing an additional 201,866 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF accounts for about 1.1% of Sumitomo Mitsui Financial Group Inc.’s portfolio, making the stock its 15th biggest position. Sumitomo Mitsui Financial Group Inc. owned 1.21% of SPDR Bloomberg Short Term High Yield Bond ETF worth $64,445,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SJNK. iA Global Asset Management Inc. raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% during the fourth quarter. iA Global Asset Management Inc. now owns 7,069,236 shares of the company’s stock valued at $178,993,000 after purchasing an additional 2,037,400 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 8.4% during the third quarter. Ameriprise Financial Inc. now owns 17,098,748 shares of the company’s stock valued at $436,856,000 after purchasing an additional 1,319,118 shares during the period. Shenkman Capital Management Inc. raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 381.0% during the fourth quarter. Shenkman Capital Management Inc. now owns 1,443,140 shares of the company’s stock valued at $37,539,000 after purchasing an additional 1,143,095 shares during the period. American Century Companies Inc. raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2,175.2% during the third quarter. American Century Companies Inc. now owns 1,017,017 shares of the company’s stock valued at $26,036,000 after purchasing an additional 972,317 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 56.7% during the third quarter. Raymond James Financial Inc. now owns 1,059,175 shares of the company’s stock valued at $27,115,000 after purchasing an additional 383,227 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.5%

Shares of NYSEARCA SJNK opened at $25.01 on Friday. The firm’s 50-day moving average price is $25.05 and its 200-day moving average price is $25.18. 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 firm has a market capitalization of $4.77 billion, a P/E 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.