294,884 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Sage Financial Group Inc.

Sage Financial Group Inc. decreased its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 94.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,776 shares of the company’s stock after selling 294,884 shares during the period. Sage Financial Group Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $383,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SJNK. QP Wealth Management LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.3% during the third quarter. QP Wealth Management LLC now owns 19,519 shares of the company’s stock worth $473,000 after buying an additional 435 shares in the last quarter. Capital Analysts LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 13.6% during the 2nd quarter. Capital Analysts LLC now owns 4,304 shares of the company’s stock valued at $108,000 after acquiring an additional 516 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 24,667 shares of the company’s stock valued at $616,000 after acquiring an additional 575 shares in the last quarter. Apollon Wealth Management LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 6.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 10,044 shares of the company’s stock worth $244,000 after acquiring an additional 616 shares during the last quarter. Finally, Sound Income Strategies LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 0.3% during the 3rd quarter. Sound Income Strategies LLC now owns 227,665 shares of the company’s stock worth $5,505,000 after acquiring an additional 668 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.5%

Shares of SJNK opened at $24.24 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.99 and a 12-month high of $25.58. The business has a 50-day simple moving average of $24.47 and a two-hundred day simple moving average of $24.92. The stock has a market cap of $4.41 billion, a PE ratio of 0.90 and a beta of 0.30.

SPDR Bloomberg Short Term High Yield Bond ETF 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.