Empirical Financial Services LLC d.b.a. Empirical Wealth Management Lowers Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Empirical Financial Services LLC d.b.a. Empirical Wealth Management trimmed its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 57.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,487,531 shares of the company’s stock after selling 2,034,773 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF makes up approximately 0.6% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings, making the stock its 28th biggest position. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $37,159,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 22,454 shares of the company’s stock valued at $569,000 after buying an additional 457 shares during the last quarter. NewEdge Advisors LLC grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the first quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock valued at $838,000 after acquiring an additional 469 shares in the last quarter. Insight 2811 Inc. grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the fourth quarter. Insight 2811 Inc. now owns 36,659 shares of the company’s stock valued at $928,000 after acquiring an additional 501 shares in the last quarter. Commonwealth Financial Services LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 4.8% in the 4th quarter. Commonwealth Financial Services LLC now owns 10,890 shares of the company’s stock valued at $276,000 after acquiring an additional 503 shares during the last quarter. Finally, Meridian Wealth Management LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 5.4% in the 4th quarter. Meridian Wealth Management LLC now owns 9,961 shares of the company’s stock valued at $252,000 after acquiring an additional 509 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.1%

Shares of SJNK stock opened at $24.88 on Tuesday. The company’s fifty day simple moving average is $24.99 and its two-hundred day simple moving average is $25.13. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $24.72 and a 52 week high of $25.65. The stock has a market cap of $4.88 billion, a P/E ratio of 0.90 and a beta of 0.29.

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.