Leuthold Group LLC Raises Stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Leuthold Group LLC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 1.2% in the 4th quarter, Holdings Channel reports. The firm owned 84,364 shares of the company’s stock after acquiring an additional 1,024 shares during the quarter. Leuthold Group LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $2,121,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 17.7% during the third quarter. Ameriprise Financial Inc. now owns 9,089,567 shares of the company’s stock worth $222,110,000 after purchasing an additional 1,367,216 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter worth $30,015,000. Curran Financial Partners LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.5% during the 3rd quarter. Curran Financial Partners LLC now owns 340,471 shares of the company’s stock valued at $8,328,000 after buying an additional 14,765 shares in the last quarter. Certified Advisory Corp lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.0% during the 3rd quarter. Certified Advisory Corp now owns 266,021 shares of the company’s stock worth $5,927,000 after acquiring an additional 34,600 shares during the last quarter. Finally, Baker Avenue Asset Management LP increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 195,212.3% in the third quarter. Baker Avenue Asset Management LP now owns 253,906 shares of the company’s stock valued at $6,211,000 after acquiring an additional 253,776 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

SJNK stock traded up $0.04 during mid-day trading on Tuesday, hitting $25.04. 1,669,085 shares of the stock were exchanged, compared to its average volume of 4,492,686. The business has a fifty day moving average price of $25.03 and a 200 day moving average price of $24.92. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $23.90 and a 12 month high of $25.33. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 0.90 and a beta of 0.26.

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.