130,071 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC lessened its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 55.7% during the third quarter, Holdings Channel.com reports. The firm owned 103,306 shares of the company’s stock after selling 130,071 shares during the quarter. Mezzasalma Advisors LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $2,505,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SJNK. B. Riley Wealth Advisors Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter worth $1,038,000. Moulton Wealth Management Inc. grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.4% in the 3rd quarter. Moulton Wealth Management Inc. now owns 263,969 shares of the company’s stock valued at $6,370,000 after buying an additional 18,119 shares during the last quarter. Valley Wealth Managers Inc. grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 10.5% in the 3rd quarter. Valley Wealth Managers Inc. now owns 24,746 shares of the company’s stock valued at $600,000 after buying an additional 2,357 shares during the last quarter. Sound Income Strategies LLC increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 0.3% in the third quarter. Sound Income Strategies LLC now owns 227,665 shares of the company’s stock valued at $5,505,000 after buying an additional 668 shares during the period. Finally, Prosperity Planning Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter valued at about $698,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK traded down $0.09 during mid-day trading on Wednesday, reaching $24.10. 5,307,891 shares of the company were exchanged, compared to its average volume of 3,291,315. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.99 and a 52 week high of $25.58. The stock has a market capitalization of $4.38 billion, a PE ratio of 0.90 and a beta of 0.30. The business has a 50 day simple moving average of $24.62 and a two-hundred day simple moving average of $24.86.

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.