99,178 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Hidden Cove Wealth Management LLC

Hidden Cove Wealth Management LLC reduced its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 85.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 16,879 shares of the company’s stock after selling 99,178 shares during the period. Hidden Cove Wealth Management LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $409,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NewEdge Advisors LLC boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 28.7% during the second quarter. NewEdge Advisors LLC now owns 310,422 shares of the company’s stock worth $7,770,000 after purchasing an additional 69,152 shares during the last quarter. Moulton Wealth Management Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 32.7% in the second quarter. Moulton Wealth Management Inc. now owns 245,850 shares of the company’s stock valued at $6,119,000 after purchasing an additional 60,542 shares in the last quarter. WT Wealth Management grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 48.2% in the first quarter. WT Wealth Management now owns 85,496 shares of the company’s stock valued at $2,136,000 after purchasing an additional 27,810 shares in the last quarter. Blue Capital Inc. increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 27.6% in the 1st quarter. Blue Capital Inc. now owns 277,606 shares of the company’s stock valued at $6,935,000 after buying an additional 60,112 shares during the last quarter. Finally, Mason & Associates Inc increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 7.4% in the 1st quarter. Mason & Associates Inc now owns 630,741 shares of the company’s stock valued at $15,636,000 after buying an additional 43,313 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA:SJNK traded down $0.02 on Monday, hitting $24.06. 4,149,997 shares of the company’s stock were exchanged, compared to its average volume of 3,302,898. The firm has a 50-day moving average price of $24.57 and a 200-day moving average price of $24.85. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.99 and a 52 week high of $25.58. The company has a market cap of $4.37 billion, a P/E ratio of 0.90 and a beta of 0.30.

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.