SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Shares Purchased by Ameriprise Financial Inc.

Ameriprise Financial Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 80.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,554,991 shares of the company’s stock after purchasing an additional 5,600,323 shares during the period. Ameriprise Financial Inc. owned approximately 0.07% of SPDR Bloomberg Short Term High Yield Bond ETF worth $314,269,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 56.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,719,688 shares of the company’s stock valued at $44,282,000 after purchasing an additional 621,928 shares in the last quarter. Arkadios Wealth Advisors grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 12.0% in the 4th quarter. Arkadios Wealth Advisors now owns 19,259 shares of the company’s stock worth $486,000 after acquiring an additional 2,071 shares in the last quarter. BTS Asset Management Inc. bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at approximately $317,000. Missouri Trust & Investment Co raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.1% during the 4th quarter. Missouri Trust & Investment Co now owns 209,076 shares of the company’s stock valued at $5,279,000 after acquiring an additional 4,383 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth $752,000.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.1 %

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.91 on Tuesday. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $23.92 and a twelve month high of $25.77. The stock has a market capitalization of $4.02 billion, a price-to-earnings ratio of 0.89 and a beta of 0.31. The business’s 50 day simple moving average is $24.98 and its 200-day simple moving average is $25.30.

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.