33,296 Shares in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Acquired by Trevian Wealth Management LLC

Trevian Wealth Management LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 33,296 shares of the company’s stock, valued at approximately $843,000. SPDR Bloomberg Short Term High Yield Bond ETF accounts for about 0.4% of Trevian Wealth Management LLC’s investment portfolio, making the stock its 29th largest position.

A number of other hedge funds also recently made changes to their positions in SJNK. iA Global Asset Management Inc. boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 108.0% in the 3rd quarter. iA Global Asset Management Inc. now owns 5,031,836 shares of the company’s stock valued at $128,815,000 after purchasing an additional 2,612,700 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 8.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 17,098,748 shares of the company’s stock valued at $436,856,000 after purchasing an additional 1,319,118 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2,175.2% in the 3rd quarter. American Century Companies Inc. now owns 1,017,017 shares of the company’s stock valued at $26,036,000 after purchasing an additional 972,317 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at $19,200,000. Finally, Estate Counselors LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at $10,744,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.0%

Shares of SJNK opened at $25.02 on Friday. The firm has a market cap of $4.78 billion, a PE ratio of 0.90 and a beta of 0.29. The company’s fifty day moving average is $25.03 and its two-hundred day moving average is $25.23. 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.

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.