Fifth Third Bancorp Purchases 32,099 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Fifth Third Bancorp lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 6,591.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,586 shares of the company’s stock after purchasing an additional 32,099 shares during the quarter. Fifth Third Bancorp’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. iA Global Asset Management Inc. raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% in the fourth quarter. iA Global Asset Management Inc. now owns 7,069,236 shares of the company’s stock valued at $178,993,000 after purchasing an additional 2,037,400 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 0.7% in the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 6,868,188 shares of the company’s stock valued at $173,903,000 after buying an additional 48,180 shares during the period. LPL Financial LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% in the 4th quarter. LPL Financial LLC now owns 6,044,705 shares of the company’s stock valued at $153,052,000 after buying an additional 270,066 shares during the period. Wealthfront Advisers LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 8.8% in the 4th quarter. Wealthfront Advisers LLC now owns 3,661,594 shares of the company’s stock valued at $92,712,000 after buying an additional 294,810 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.4% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,522,304 shares of the company’s stock valued at $89,185,000 after buying an additional 211,827 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

NYSEARCA:SJNK opened at $24.80 on Tuesday. The company has a 50-day moving average of $24.97 and a 200-day moving average of $25.10. The company has a market capitalization of $4.90 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $24.72 and a 52 week high of $25.65.

SPDR Bloomberg Short Term High Yield Bond ETF Company 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.