SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Bought by Sowell Financial Services LLC

Sowell Financial Services LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 103.3% in the third quarter, HoldingsChannel reports. The fund owned 406,160 shares of the company’s stock after acquiring an additional 206,388 shares during the quarter. Sowell Financial Services LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $9,849,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SJNK. QP Wealth Management LLC grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.3% during the 3rd quarter. QP Wealth Management LLC now owns 19,519 shares of the company’s stock valued at $473,000 after acquiring an additional 435 shares during the period. Capital Analysts LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 13.6% in the 2nd quarter. Capital Analysts LLC now owns 4,304 shares of the company’s stock worth $108,000 after purchasing an additional 516 shares during the period. Sequoia Financial Advisors LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 2.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 24,667 shares of the company’s stock worth $616,000 after purchasing an additional 575 shares during the period. Sound Income Strategies LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 0.3% in the 3rd quarter. Sound Income Strategies LLC now owns 227,665 shares of the company’s stock worth $5,505,000 after purchasing an additional 668 shares during the period. Finally, Royal Fund Management LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 10.9% during the first quarter. Royal Fund Management LLC now owns 10,134 shares of the company’s stock worth $253,000 after purchasing an additional 993 shares in the last quarter.

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

Shares of SJNK stock opened at $24.05 on Wednesday. The company has a market capitalization of $4.39 billion, a P/E ratio of 0.90 and a beta of 0.30. The business’s 50 day moving average is $24.54 and its two-hundred day moving average is $24.83. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.99 and a 12-month high of $25.58.

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.