Atria Investments Inc Sells 331,823 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Atria Investments Inc decreased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 46.7% in the third quarter, HoldingsChannel reports. The firm owned 379,372 shares of the company’s stock after selling 331,823 shares during the quarter. Atria Investments Inc’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $9,712,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Chesley Taft & Associates LLC increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.1% in the 3rd quarter. Chesley Taft & Associates LLC now owns 35,950 shares of the company’s stock worth $920,000 after acquiring an additional 400 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the 3rd quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after buying an additional 400 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 0.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 117,172 shares of the company’s stock worth $2,982,000 after buying an additional 436 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the 2nd quarter. International Assets Investment Management LLC now owns 32,599 shares of the company’s stock valued at $831,000 after purchasing an additional 439 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the first quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock valued at $838,000 after buying an additional 469 shares during the last quarter.

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

Shares of NYSEARCA:SJNK opened at $25.29 on Friday. The stock has a 50 day moving average of $25.36 and a 200 day moving average of $25.40. The company has a market cap of $5.31 billion, a PE ratio of 0.90 and a beta of 0.31. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.92 and a 12-month high of $25.65.

SPDR Bloomberg Short Term High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.1397 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date was Monday, February 2nd.

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.