Berkshire Money Management Inc. Sells 74,471 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Berkshire Money Management Inc. reduced its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 4.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,681,308 shares of the company’s stock after selling 74,471 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF accounts for 4.3% of Berkshire Money Management Inc.’s holdings, making the stock its 7th largest position. Berkshire Money Management Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $41,999,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Ameriflex Group Inc. boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% in the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock worth $30,000 after purchasing an additional 970 shares in the last quarter. City Holding Co. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at approximately $32,000. Franklin Resources Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at approximately $36,000. Private Wealth Asset Management LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% in the 4th 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 period. Finally, Ashton Thomas Securities LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at $65,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA SJNK opened at $25.01 on Friday. The company has a market capitalization of $4.77 billion, a PE ratio of 0.90 and a beta of 0.29. The company’s fifty day moving average price is $25.05 and its 200 day moving average price is $25.16. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.72 and a 1 year high of $25.65.

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.