Greatmark Investment Partners Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 6.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 10,350 shares of the company’s stock after purchasing an additional 650 shares during the period. Greatmark Investment Partners Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $261,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in SJNK. JPMorgan Chase & Co. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 56.7% in the third quarter. JPMorgan Chase & Co. now owns 1,719,688 shares of the company’s stock valued at $44,282,000 after acquiring an additional 621,928 shares during the last quarter. AMJ Financial Wealth Management purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at about $12,408,000. iA Global Asset Management Inc. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 24.1% in the third quarter. iA Global Asset Management Inc. now owns 1,554,800 shares of the company’s stock valued at $40,036,000 after acquiring an additional 302,100 shares during the last quarter. 49 Wealth Management LLC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 79.6% in the third quarter. 49 Wealth Management LLC now owns 413,392 shares of the company’s stock valued at $10,645,000 after acquiring an additional 183,269 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 9.0% in the fourth quarter. Bank of New York Mellon Corp now owns 1,605,541 shares of the company’s stock valued at $40,540,000 after acquiring an additional 132,268 shares during the last quarter.
SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.4 %
SJNK opened at $25.19 on Friday. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of 0.91 and a beta of 0.37. The company’s 50-day moving average price is $25.45 and its two-hundred day moving average price is $25.48. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $24.67 and a twelve month high of $25.77.
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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