SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock: Kestra Advisory Services LLC Raises Position

Kestra Advisory Services LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 5.0% in the third quarter, Holdings Channel.com reports. The fund owned 566,691 shares of the company’s stock after buying an additional 26,980 shares during the quarter. Kestra Advisory Services LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $13,742,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter valued at $168,546,000. Wealthfront Advisers LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% in the 1st quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock valued at $134,025,000 after acquiring an additional 1,703,692 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter worth $13,274,000. Angeles Investment Advisors LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter worth $11,805,000. Finally, Sterling Manor Financial LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter worth $9,091,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

NYSEARCA:SJNK opened at $24.07 on Monday. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $23.97 and a twelve month high of $25.49. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31. The stock has a fifty day simple moving average of $24.35 and a 200-day simple moving average of $24.87.

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.