SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Holdings Increased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 93.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 655,000 shares of the company’s stock after purchasing an additional 317,000 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $16,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in SJNK. Franklin Resources Inc. bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at about $36,000. First Horizon Advisors Inc. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 360.8% in the second quarter. First Horizon Advisors Inc. now owns 1,576 shares of the company’s stock valued at $40,000 after acquiring an additional 1,234 shares during the period. Private Trust Co. NA boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% in the third quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after acquiring an additional 400 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% during the second quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock valued at $96,000 after purchasing an additional 519 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 10.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,902 shares of the company’s stock worth $151,000 after purchasing an additional 546 shares during the period.

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

Shares of NYSEARCA SJNK opened at $25.45 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.92 and a 12-month high of $25.65. The company has a market cap of $5.32 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31. The stock’s 50 day simple moving average is $25.34 and its 200 day simple moving average is $25.40.

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.