Sterling Manor Financial LLC Boosts Stake in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Sterling Manor Financial LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 15.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 322,349 shares of the company’s stock after purchasing an additional 42,510 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF comprises 5.2% of Sterling Manor Financial LLC’s portfolio, making the stock its 9th biggest holding. Sterling Manor Financial LLC owned about 0.17% of SPDR Bloomberg Short Term High Yield Bond ETF worth $8,252,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SJNK. Franklin Resources Inc. acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $36,000. First Horizon Advisors Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 360.8% in the second quarter. First Horizon Advisors Inc. now owns 1,576 shares of the company’s stock valued at $40,000 after acquiring an additional 1,234 shares during the period. SVB Wealth LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the first quarter worth $44,000. Smartleaf Asset Management LLC raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% during the second quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock worth $96,000 after acquiring an additional 519 shares in the last quarter. Finally, Richard W. Paul & Associates LLC lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 96.4% during the second quarter. Richard W. Paul & Associates LLC now owns 7,767 shares of the company’s stock valued at $198,000 after acquiring an additional 3,812 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA:SJNK opened at $25.25 on Friday. The company’s fifty day moving average is $25.35 and its 200-day moving average is $25.38. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.92 and a 52 week high of $25.65. The company has a market capitalization of $5.30 billion, a PE ratio of 0.90 and a beta of 0.31.

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.