SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by RiverFront Investment Group LLC

RiverFront Investment Group LLC decreased its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 14.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 351,851 shares of the company’s stock after selling 58,271 shares during the period. RiverFront Investment Group LLC owned about 0.17% of SPDR Bloomberg Short Term High Yield Bond ETF worth $8,909,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SJNK. NewEdge Advisors LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the first quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock valued at $838,000 after purchasing an additional 469 shares during the last quarter. Franklin Resources Inc. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at $36,000. Peapack Gladstone Financial Corp grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 6.1% in the second quarter. Peapack Gladstone Financial Corp now owns 27,510 shares of the company’s stock valued at $701,000 after purchasing an additional 1,585 shares during the last quarter. Bank of America Corp DE grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 11.5% in the second quarter. Bank of America Corp DE now owns 2,789,991 shares of the company’s stock valued at $71,089,000 after purchasing an additional 287,647 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% in the second quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock valued at $96,000 after purchasing an additional 519 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of NYSEARCA:SJNK opened at $24.92 on Monday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.72 and a 52-week high of $25.65. The stock’s fifty day simple moving average is $25.03 and its 200-day simple moving average is $25.23. The company has a market capitalization of $4.76 billion, a P/E ratio of 0.90 and a beta of 0.29.

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.