Lebenthal Global Advisors LLC Increases Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Lebenthal Global Advisors LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 28.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 487,311 shares of the company’s stock after acquiring an additional 109,313 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF accounts for about 1.9% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Lebenthal Global Advisors LLC owned approximately 0.23% of SPDR Bloomberg Short Term High Yield Bond ETF worth $12,339,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Ameriprise Financial Inc. increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 8.4% during the third quarter. Ameriprise Financial Inc. now owns 17,098,748 shares of the company’s stock worth $436,856,000 after acquiring an additional 1,319,118 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.7% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 6,820,008 shares of the company’s stock worth $174,592,000 after acquiring an additional 178,965 shares during the last quarter. iA Global Asset Management Inc. increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 108.0% during the third quarter. iA Global Asset Management Inc. now owns 5,031,836 shares of the company’s stock worth $128,815,000 after acquiring an additional 2,612,700 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.4% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,522,304 shares of the company’s stock worth $89,185,000 after acquiring an additional 211,827 shares during the last quarter. Finally, Clark Capital Management Group Inc. increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.9% during the third quarter. Clark Capital Management Group Inc. now owns 2,921,272 shares of the company’s stock worth $74,785,000 after acquiring an additional 54,370 shares during the last quarter.

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

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.18 on Friday. The firm has a market cap of $4.65 billion, a P/E ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $24.72 and a fifty-two week high of $25.65. The business has a 50-day moving average price of $25.08 and a 200 day moving average price of $25.26.

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.