World Investment Advisors Raises Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

World Investment Advisors grew its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 2.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 200,795 shares of the company’s stock after buying an additional 5,077 shares during the period. World Investment Advisors owned approximately 0.11% of SPDR Bloomberg Short Term High Yield Bond ETF worth $5,116,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. SVB Wealth LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter worth approximately $44,000. Endowment Wealth Management Inc. bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth approximately $214,000. Wealthcare Advisory Partners LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth approximately $234,000. Concurrent Investment Advisors LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth approximately $238,000. Finally, Ritholtz Wealth Management bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth approximately $253,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.3%

Shares of SJNK stock opened at $25.48 on Thursday. The company has a 50 day moving average price of $25.49 and a 200-day moving average price of $25.30. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.92 and a 52 week high of $25.70. The firm has a market capitalization of $5.22 billion, a PE ratio of 0.90 and a beta of 0.31.

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.