Lebenthal Global Advisors LLC Buys 83,150 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Lebenthal Global Advisors LLC increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 23.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 431,992 shares of the company’s stock after acquiring an additional 83,150 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF makes up 1.4% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 17th largest position. Lebenthal Global Advisors LLC owned approximately 0.24% of SPDR Bloomberg Short Term High Yield Bond ETF worth $10,476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter valued at about $50,000. Park Avenue Securities LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter worth $13,274,000. Apollon Wealth Management LLC increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 10,044 shares of the company’s stock worth $244,000 after purchasing an additional 616 shares in the last quarter. Bright Futures Wealth Management LLC. raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 2.0% in the 3rd quarter. Bright Futures Wealth Management LLC. now owns 44,575 shares of the company’s stock worth $1,081,000 after purchasing an additional 871 shares during the period. Finally, Swmg LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter worth $249,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of NYSEARCA SJNK opened at $24.16 on Friday. The business’s 50 day moving average is $24.43 and its two-hundred day moving average is $24.90. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $23.99 and a 1-year high of $25.50. The stock has a market capitalization of $4.34 billion, a P/E ratio of 0.90 and a beta of 0.30.

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.