48,312 Shares in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Bought by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 48,312 shares of the company’s stock, valued at approximately $1,209,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. TD Private Client Wealth LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 20.6% in the 4th quarter. TD Private Client Wealth LLC now owns 231,614 shares of the company’s stock valued at $5,864,000 after purchasing an additional 39,566 shares in the last quarter. Sage Investment Advisers LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter worth about $1,649,000. Win Advisors Inc. acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter worth about $875,000. Trevian Wealth Management LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter worth about $843,000. Finally, TradeWell Securities LLC. bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at about $917,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.0%

Shares of NYSEARCA SJNK opened at $24.69 on Thursday. The stock’s 50 day moving average price is $24.88 and its two-hundred day moving average price is $24.99. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.69 and a 52-week high of $25.65. The stock has a market capitalization of $4.73 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.