Fifth Third Securities Inc. Buys 11,836 Shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Fifth Third Securities Inc. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 6.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 187,129 shares of the company’s stock after acquiring an additional 11,836 shares during the period. Fifth Third Securities Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $4,673,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SJNK. MeadowBrook Investment Advisors LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter worth approximately $32,000. ORG Partners LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 276.5% in the 4th quarter. ORG Partners LLC now owns 2,003 shares of the company’s stock worth $50,000 after purchasing an additional 1,471 shares in the last quarter. Richardson Financial Services Inc. bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter worth $55,000. Tidemark LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at $139,000. Finally, Valley Wealth Managers Inc. raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 203.7% in the 4th quarter. Valley Wealth Managers Inc. now owns 9,252 shares of the company’s stock valued at $233,000 after buying an additional 6,206 shares during the last quarter.

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

NYSEARCA SJNK traded up $0.02 on Monday, reaching $25.10. The company had a trading volume of 3,022,000 shares, compared to its average volume of 4,008,686. The stock has a market capitalization of $4.62 billion, a P/E ratio of 0.91 and a beta of 0.26. The company’s fifty day moving average is $25.03 and its 200 day moving average is $25.03. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $23.90 and a 52-week high of $25.33.

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.