Sage Investment Advisers LLC Acquires New Shares in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Sage Investment Advisers LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 65,123 shares of the company’s stock, valued at approximately $1,649,000. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 1.2% of Sage Investment Advisers LLC’s portfolio, making the stock its 25th largest position.

Other large investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% in the third quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock valued at $30,000 after acquiring an additional 970 shares during the last quarter. City Holding Co. acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at approximately $32,000. Franklin Resources Inc. acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $36,000. Ashton Thomas Securities LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at approximately $65,000. Finally, Boyd Watterson Asset Management LLC OH lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 129.3% in the third quarter. Boyd Watterson Asset Management LLC OH now owns 3,162 shares of the company’s stock valued at $81,000 after acquiring an additional 1,783 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK opened at $25.14 on Monday. The business’s 50 day moving average price is $25.04 and its 200 day moving average price is $25.20. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $24.72 and a one year high of $25.65. The stock has a market capitalization of $4.80 billion, a PE ratio of 0.90 and a beta of 0.29.

SPDR Bloomberg Short Term High Yield Bond ETF 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.