XP Advisory US Inc. Acquires New Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

XP Advisory US Inc. bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 50,944 shares of the company’s stock, valued at approximately $1,275,000. SPDR Bloomberg Short Term High Yield Bond ETF accounts for about 0.7% of XP Advisory US Inc.’s portfolio, making the stock its 8th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of SJNK. Tower Research Capital LLC TRC boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 649,964.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,294,726 shares of the company’s stock valued at $58,102,000 after purchasing an additional 2,294,373 shares during the period. iA Global Asset Management Inc. raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% in the fourth quarter. iA Global Asset Management Inc. now owns 7,069,236 shares of the company’s stock worth $178,993,000 after buying an additional 2,037,400 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 46.5% in the first quarter. Wealthfront Advisers LLC now owns 5,365,286 shares of the company’s stock worth $134,025,000 after buying an additional 1,703,692 shares in the last quarter. Shenkman Capital Management Inc. raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 381.0% in the fourth quarter. Shenkman Capital Management Inc. now owns 1,443,140 shares of the company’s stock worth $37,539,000 after buying an additional 1,143,095 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter valued at $12,512,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.0%

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.71 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $24.69 and a 52 week high of $25.65. The business has a 50-day simple moving average of $24.87 and a 200 day simple moving average of $24.99. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29.

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.