iA Global Asset Management Inc. Has $37 Million Holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

iA Global Asset Management Inc. lessened its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 5.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,465,200 shares of the company’s stock after selling 89,600 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF accounts for about 0.6% of iA Global Asset Management Inc.’s investment portfolio, making the stock its 29th biggest holding. iA Global Asset Management Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $36,996,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. SouthState Corp acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth $29,000. Private Trust Co. NA boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 98.3% during the third quarter. Private Trust Co. NA now owns 1,878 shares of the company’s stock worth $48,000 after purchasing an additional 931 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter worth $138,000. ADG Wealth Management Group LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth $202,000. Finally, Greatmark Investment Partners Inc. raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 6.7% during the fourth quarter. Greatmark Investment Partners Inc. now owns 10,350 shares of the company’s stock worth $261,000 after acquiring an additional 650 shares in the last quarter.

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

NYSEARCA SJNK opened at $25.33 on Thursday. The firm’s fifty day moving average price is $25.44 and its two-hundred day moving average price is $25.47. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.67 and a 1 year high of $25.77. The firm has a market capitalization of $5.09 billion, a P/E ratio of 0.91 and a beta of 0.37.

SPDR Bloomberg Short Term High Yield Bond ETF Company Profile

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.