Wealthfront Advisers LLC Has $134.03 Million Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Wealthfront Advisers LLC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 46.5% in the first quarter, Holdings Channel.com reports. The fund owned 5,365,286 shares of the company’s stock after buying an additional 1,703,692 shares during the period. Wealthfront Advisers LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $134,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Curran Financial Partners LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 7.6% in the fourth quarter. Curran Financial Partners LLC now owns 626,985 shares of the company’s stock worth $15,875,000 after purchasing an additional 44,051 shares in the last quarter. Altus Wealth Management LLC grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 29.5% during the fourth quarter. Altus Wealth Management LLC now owns 119,388 shares of the company’s stock worth $3,023,000 after purchasing an additional 27,172 shares during the last quarter. Lebenthal Global Advisors LLC grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 28.9% during the fourth quarter. Lebenthal Global Advisors LLC now owns 487,311 shares of the company’s stock worth $12,339,000 after purchasing an additional 109,313 shares during the last quarter. Sage Investment Advisers LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter worth about $1,649,000. Finally, Park Avenue Securities LLC increased its position in SPDR Bloomberg Short Term High Yield Bond ETF by 10.7% in the 4th quarter. Park Avenue Securities LLC now owns 512,915 shares of the company’s stock valued at $12,987,000 after acquiring an additional 49,449 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.94 on Thursday. The firm has a market cap of $4.92 billion, a P/E ratio of 0.90 and a beta of 0.29. The firm has a 50 day simple moving average of $24.99 and a 200 day simple moving average of $25.12. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $24.72 and a fifty-two week high of $25.65.

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.