Caldwell Trust Co Raises Stake in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Caldwell Trust Co boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 5.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 374,375 shares of the company’s stock after buying an additional 20,836 shares during the quarter. Caldwell Trust Co’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $9,352,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SJNK. JPMorgan Chase & Co. lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 28.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 539,982 shares of the company’s stock valued at $13,824,000 after buying an additional 120,533 shares during the period. Curran Financial Partners LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.6% in the fourth quarter. Curran Financial Partners LLC now owns 626,985 shares of the company’s stock worth $15,875,000 after buying an additional 44,051 shares during the last quarter. Altus Wealth Management LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 29.5% during the fourth quarter. Altus Wealth Management LLC now owns 119,388 shares of the company’s stock worth $3,023,000 after acquiring an additional 27,172 shares during the period. Lebenthal Global Advisors LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 28.9% during the fourth quarter. Lebenthal Global Advisors LLC now owns 487,311 shares of the company’s stock worth $12,339,000 after acquiring an additional 109,313 shares during the period. Finally, Prevail Innovative Wealth Advisors LLC raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 48.6% during the third quarter. Prevail Innovative Wealth Advisors LLC now owns 90,989 shares of the company’s stock valued at $2,329,000 after acquiring an additional 29,767 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK stock opened at $25.01 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $24.72 and a twelve month high of $25.65. The stock has a market cap of $4.77 billion, a P/E ratio of 0.90 and a beta of 0.29. The stock has a 50 day moving average of $25.05 and a 200 day moving average of $25.16.

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.