NTV Asset Management LLC Makes New $1.42 Million Investment in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

NTV Asset Management LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 3rd quarter, Holdings Channel reports. The firm acquired 58,528 shares of the company’s stock, valued at approximately $1,419,000.

Other institutional investors have also bought and sold shares of the company. Sowell Financial Services LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.7% in the 3rd quarter. Sowell Financial Services LLC now owns 203,080 shares of the company’s stock worth $4,925,000 after buying an additional 3,308 shares during the last quarter. Angeles Investment Advisors LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter valued at about $11,805,000. Monetary Solutions Ltd raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 10.9% during the 3rd quarter. Monetary Solutions Ltd now owns 181,619 shares of the company’s stock valued at $4,404,000 after buying an additional 17,872 shares in the last quarter. Royal Fund Management LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 32.3% in the 3rd quarter. Royal Fund Management LLC now owns 12,709 shares of the company’s stock valued at $308,000 after acquiring an additional 3,102 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 23,184 shares of the company’s stock valued at $562,000 after acquiring an additional 1,567 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.0%

SJNK opened at $24.10 on Friday. The firm has a market cap of $4.38 billion, a P/E ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $23.99 and a 12 month high of $25.58. The stock has a 50-day moving average of $24.50 and a 200 day moving average of $24.82.

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.