Endowment Wealth Management Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 8,394 shares of the company’s stock, valued at approximately $214,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in SJNK. SVB Wealth LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter valued at approximately $44,000. Proathlete Wealth Management LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter valued at approximately $48,000. Farther Finance Advisors LLC boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 11.8% in the first quarter. Farther Finance Advisors LLC now owns 6,517 shares of the company’s stock valued at $163,000 after acquiring an additional 690 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $234,000. Finally, Concurrent Investment Advisors LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $238,000.
SPDR Bloomberg Short Term High Yield Bond ETF Price Performance
Shares of SJNK stock opened at $25.20 on Monday. The business’s 50 day simple moving average is $25.47 and its 200 day simple moving average is $25.23. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.70. The stock has a market capitalization of $4.94 billion, a PE ratio of 0.90 and a beta of 0.36.
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.
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Want to see what other hedge funds are holding SJNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report).
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