SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 7.3% in the 1st quarter, HoldingsChannel reports. The firm owned 2,475,556 shares of the company’s stock after acquiring an additional 168,058 shares during the quarter. Assetmark Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $61,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the first quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock worth $838,000 after buying an additional 469 shares during the period. Franklin Resources Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $36,000. Peapack Gladstone Financial Corp grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.1% in the second quarter. Peapack Gladstone Financial Corp now owns 27,510 shares of the company’s stock valued at $701,000 after purchasing an additional 1,585 shares during the last quarter. Bank of America Corp DE lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 11.5% in the second quarter. Bank of America Corp DE now owns 2,789,991 shares of the company’s stock valued at $71,089,000 after acquiring an additional 287,647 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock worth $96,000 after purchasing an additional 519 shares during the last quarter.

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

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.92 on Friday. The stock has a fifty day moving average price of $24.98 and a 200 day moving average price of $25.12. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $24.72 and a 52 week high of $25.65. The firm has a market capitalization of $4.92 billion, a P/E ratio of 0.90 and a beta of 0.29.

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.