Waterloo Capital L.P. Has $8.35 Million Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Waterloo Capital L.P. lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 4.5% in the second quarter, Holdings Channel.com reports. The fund owned 327,608 shares of the company’s stock after purchasing an additional 14,036 shares during the period. Waterloo Capital L.P.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $8,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the stock. Ameriprise Financial Inc. lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% during the first quarter. Ameriprise Financial Inc. now owns 18,679,447 shares of the company’s stock valued at $474,132,000 after buying an additional 6,124,456 shares during the last quarter. RMG Wealth Management LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at $62,337,000. iA Global Asset Management Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 1,806.3% during the second quarter. iA Global Asset Management Inc. now owns 2,419,136 shares of the company’s stock valued at $61,640,000 after acquiring an additional 2,292,236 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth about $22,117,000. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at about $8,612,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.28 on Friday. The stock’s 50 day moving average price is $25.42 and its 200 day moving average price is $25.35. The firm has a market capitalization of $5.30 billion, a PE ratio of 0.90 and a beta of 0.31. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.70.

SPDR Bloomberg Short Term High Yield Bond ETF 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.