SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC reduced its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 97.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,941 shares of the company’s stock after selling 115,228 shares during the quarter. AE Wealth Management LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $75,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Chesley Taft & Associates LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.1% during the 3rd quarter. Chesley Taft & Associates LLC now owns 35,950 shares of the company’s stock valued at $920,000 after acquiring an additional 400 shares in the last quarter. Private Trust Co. NA raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% in the third 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 period. Wealth Enhancement Advisory Services LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 0.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 117,172 shares of the company’s stock valued at $2,982,000 after purchasing an additional 436 shares during the period. International Assets Investment Management LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the second quarter. International Assets Investment Management LLC now owns 32,599 shares of the company’s stock worth $831,000 after purchasing an additional 439 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in 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.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK stock opened at $25.33 on Tuesday. The firm has a market cap of $5.32 billion, a P/E ratio of 0.90 and a beta of 0.31. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.92 and a 1 year high of $25.65. The stock has a 50-day simple moving average of $25.36 and a 200-day simple moving average of $25.40.

SPDR Bloomberg Short Term High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.1397 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.6%.

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.