26,020 Shares in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Acquired by Virtue Capital Management LLC

Virtue Capital Management LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 26,020 shares of the company’s stock, valued at approximately $631,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wealthfront Advisers LLC lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% in the first quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock valued at $134,025,000 after buying an additional 1,703,692 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,717,476 shares of the company’s stock valued at $68,018,000 after acquiring an additional 365,297 shares during the period. Assetmark Inc. boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.3% during the first quarter. Assetmark Inc. now owns 2,475,556 shares of the company’s stock valued at $61,839,000 after acquiring an additional 168,058 shares during the period. Angeles Wealth Management LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.7% during the second quarter. Angeles Wealth Management LLC now owns 1,106,976 shares of the company’s stock valued at $27,708,000 after acquiring an additional 18,620 shares during the period. Finally, Howard Financial Services LTD. boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 13.1% during the third quarter. Howard Financial Services LTD. now owns 738,007 shares of the company’s stock valued at $17,897,000 after acquiring an additional 85,355 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.7%

Shares of NYSEARCA:SJNK opened at $23.98 on Tuesday. The company has a market cap of $4.33 billion, a PE ratio of 0.90 and a beta of 0.30. The company’s 50-day moving average price is $24.41 and its 200 day moving average price is $24.89. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $23.98 and a fifty-two week high of $25.49.

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.