First National Trust Co Decreases Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

First National Trust Co decreased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 14.9% in the third quarter, Holdings Channel reports. The fund owned 139,122 shares of the company’s stock after selling 24,381 shares during the quarter. First National Trust Co’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $3,562,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SJNK. Root Financial Partners LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter valued at approximately $35,000. Franklin Resources Inc. bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at approximately $36,000. First Horizon Advisors Inc. raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 360.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,576 shares of the company’s stock valued at $40,000 after buying an additional 1,234 shares during the period. Private Trust Co. NA lifted its position 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 worth $51,000 after buying an additional 400 shares during the last quarter. Finally, Boyd Watterson Asset Management LLC OH boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 129.3% during the third quarter. Boyd Watterson Asset Management LLC OH now owns 3,162 shares of the company’s stock worth $81,000 after buying an additional 1,783 shares during the period.

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

Shares of SJNK opened at $25.31 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $23.92 and a twelve month high of $25.65. The company has a market cap of $5.32 billion, a P/E ratio of 0.90 and a beta of 0.31. The company’s fifty day simple moving average is $25.36 and its 200-day simple moving average is $25.40.

SPDR Bloomberg Short Term High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.1397 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.