16,265 Shares in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,265 shares of the company’s stock, valued at approximately $406,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SJNK. MeadowBrook Investment Advisors LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at about $32,000. Richardson Financial Services Inc. purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth about $55,000. Tidemark LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at about $139,000. Valley Wealth Managers Inc. grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 203.7% during the 4th quarter. Valley Wealth Managers Inc. now owns 9,252 shares of the company’s stock valued at $233,000 after acquiring an additional 6,206 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 20.8% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 11,900 shares of the company’s stock valued at $299,000 after purchasing an additional 2,050 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

NYSEARCA:SJNK remained flat at $25.48 during trading hours on Friday. The company’s stock had a trading volume of 500,904 shares, compared to its average volume of 3,913,695. The firm has a market capitalization of $4.69 billion, a PE ratio of 0.91 and a beta of 0.26. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $23.90 and a twelve month high of $25.51. The stock has a 50-day moving average of $25.14 and a 200 day moving average of $25.06.

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.