547,377 Shares in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 547,377 shares of the company’s stock, valued at approximately $13,274,000.

Other large investors have also recently modified their holdings of the company. First Bancorp Inc ME bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter worth approximately $28,000. Ascentis Independent Advisors purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the first quarter valued at approximately $55,000. Continuum Advisory LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $58,000. Tucker Asset Management LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $74,000. Finally, Millstone Evans Group LLC boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 206.8% in the first quarter. Millstone Evans Group LLC now owns 2,973 shares of the company’s stock valued at $74,000 after acquiring an additional 2,004 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.5%

NYSEARCA SJNK opened at $24.24 on Wednesday. The firm’s fifty day simple moving average is $24.47 and its two-hundred day simple moving average is $24.92. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.99 and a 12-month high of $25.58. The firm has a market capitalization of $4.41 billion, a P/E ratio of 0.90 and a beta of 0.30.

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.