Diversify Wealth Management LLC Invests $1.99 Million in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Diversify Wealth Management LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 79,310 shares of the company’s stock, valued at approximately $1,993,000.

Other large investors have also bought and sold shares of the company. City Holding Co. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at approximately $32,000. Franklin Resources Inc. bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at $36,000. Ascentis Independent Advisors bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter valued at $55,000. Private Wealth Asset Management LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in the 4th quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock worth $61,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter worth $65,000.

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

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.88 on Tuesday. The business has a fifty day simple moving average of $24.99 and a 200 day simple moving average of $25.13. The stock has a market cap of $4.88 billion, a PE ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $24.72 and a 12 month high of $25.65.

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.