Cabot Wealth Management Inc. Buys Shares of 175,881 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Cabot Wealth Management Inc. acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 175,881 shares of the company’s stock, valued at approximately $4,481,000.

Several other large investors also recently modified their holdings of the stock. Moss Adams Wealth Advisors LLC grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.5% during the 2nd quarter. Moss Adams Wealth Advisors LLC now owns 16,644 shares of the company’s stock worth $424,000 after buying an additional 400 shares during the period. Rosenberg Matthew Hamilton grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 0.7% during the 1st quarter. Rosenberg Matthew Hamilton now owns 58,675 shares of the company’s stock worth $1,476,000 after buying an additional 416 shares during the period. Friedenthal Financial grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 3.7% during the 2nd quarter. Friedenthal Financial now owns 11,712 shares of the company’s stock worth $298,000 after buying an additional 419 shares during the period. International Assets Investment Management LLC grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the 2nd quarter. International Assets Investment Management LLC now owns 32,599 shares of the company’s stock worth $831,000 after buying an additional 439 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the 1st quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock worth $838,000 after buying an additional 469 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.3%

Shares of SJNK stock opened at $25.51 on Friday. The company has a market cap of $5.23 billion, a price-to-earnings ratio of 0.90 and a beta of 0.36. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.92 and a 52 week high of $25.70. The firm has a 50 day moving average of $25.48 and a 200-day moving average of $25.27.

SPDR Bloomberg Short Term High Yield Bond ETF Company 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.