Park Avenue Securities LLC Acquires 90,197 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Park Avenue Securities LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 24.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 463,466 shares of the company’s stock after buying an additional 90,197 shares during the period. Park Avenue Securities LLC owned about 0.24% of SPDR Bloomberg Short Term High Yield Bond ETF worth $11,865,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of SJNK. Franklin Resources Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $36,000. First Horizon Advisors Inc. boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 360.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,576 shares of the company’s stock valued at $40,000 after purchasing an additional 1,234 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the 3rd quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after purchasing an additional 400 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings 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 valued at $96,000 after purchasing an additional 519 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in SPDR Bloomberg Short Term High Yield Bond ETF by 10.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,902 shares of the company’s stock worth $151,000 after purchasing an additional 546 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of NYSEARCA:SJNK opened at $25.38 on Thursday. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.65. The company has a market cap of $5.29 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31. The firm has a 50 day simple moving average of $25.32 and a 200 day simple moving average of $25.40.

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.