Valley Wealth Managers Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 80.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,509 shares of the company’s stock after acquiring an additional 6,892 shares during the quarter. Valley Wealth Managers Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $399,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in SJNK. Nations Financial Group Inc. IA ADV increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.4% in the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 14,530 shares of the company’s stock valued at $363,000 after acquiring an additional 880 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 5.7% in the third quarter. Arkadios Wealth Advisors now owns 17,188 shares of the company’s stock valued at $443,000 after purchasing an additional 923 shares in the last quarter. NBC Securities Inc. increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 10.8% in the third quarter. NBC Securities Inc. now owns 19,613 shares of the company’s stock valued at $505,000 after purchasing an additional 1,915 shares during the last quarter. IAG Wealth Partners LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 8.0% during the third quarter. IAG Wealth Partners LLC now owns 59,264 shares of the company’s stock worth $1,526,000 after purchasing an additional 4,393 shares in the last quarter. Finally, Bogart Wealth LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.4% during the 3rd quarter. Bogart Wealth LLC now owns 72,836 shares of the company’s stock worth $1,876,000 after buying an additional 5,007 shares during the last quarter.
SPDR Bloomberg Short Term High Yield Bond ETF Price Performance
NYSEARCA SJNK opened at $25.48 on Friday. The firm’s fifty day moving average price is $25.54 and its 200 day moving average price is $25.24. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $24.49 and a 12 month high of $25.77. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of 0.91 and a beta of 0.26.
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.
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