Dumont & Blake Investment Advisors LLC Sells 2,747 Shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Dumont & Blake Investment Advisors LLC lessened its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,353 shares of the company’s stock after selling 2,747 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $1,953,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 56.7% during the third quarter. JPMorgan Chase & Co. now owns 1,719,688 shares of the company’s stock worth $44,282,000 after purchasing an additional 621,928 shares during the period. iA Global Asset Management Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 24.1% during the third quarter. iA Global Asset Management Inc. now owns 1,554,800 shares of the company’s stock worth $40,036,000 after purchasing an additional 302,100 shares during the period. 49 Wealth Management LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 79.6% during the third quarter. 49 Wealth Management LLC now owns 413,392 shares of the company’s stock worth $10,645,000 after purchasing an additional 183,269 shares during the period. Great Lakes Retirement Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 3.8% during the third quarter. Great Lakes Retirement Inc. now owns 296,061 shares of the company’s stock worth $7,624,000 after purchasing an additional 10,917 shares during the period. Finally, Missouri Trust & Investment Co boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.1% in the fourth quarter. Missouri Trust & Investment Co now owns 209,076 shares of the company’s stock valued at $5,279,000 after acquiring an additional 4,383 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.1 %

SJNK stock opened at $25.61 on Friday. The firm has a 50 day moving average of $25.44 and a 200-day moving average of $25.42. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $24.67 and a 12 month high of $25.77. The firm has a market capitalization of $4.71 billion, a P/E 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.