NewEdge Advisors LLC Acquires 28,809 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

NewEdge Advisors LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 13.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 241,237 shares of the company’s stock after acquiring an additional 28,809 shares during the quarter. NewEdge Advisors LLC owned about 0.13% of SPDR Bloomberg Short Term High Yield Bond ETF worth $6,026,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SJNK. City Holding Co. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at $32,000. Franklin Resources Inc. acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at $36,000. Ascentis Independent Advisors acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter valued at $55,000. Private Wealth Asset Management LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in the fourth quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock valued at $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 fourth quarter valued at about $65,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

NYSEARCA SJNK opened at $24.85 on Friday. The firm has a 50-day moving average of $24.96 and a 200-day moving average of $25.08. 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 52-week low of $24.72 and a 52-week 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.