Grimes & Company Inc. Sells 1,517,395 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Grimes & Company Inc. lessened its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 18.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,641,043 shares of the company’s stock after selling 1,517,395 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 4.6% of Grimes & Company Inc.’s investment portfolio, making the stock its 2nd biggest position. Grimes & Company Inc. owned about 3.54% of SPDR Bloomberg Short Term High Yield Bond ETF worth $169,214,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Ameriprise Financial Inc. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% during the 1st quarter. Ameriprise Financial Inc. now owns 18,679,447 shares of the company’s stock valued at $474,132,000 after buying an additional 6,124,456 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,145,151 shares of the company’s stock worth $80,138,000 after purchasing an additional 141,129 shares during the period. Curran Financial Partners LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.3% during the 2nd quarter. Curran Financial Partners LLC now owns 528,055 shares of the company’s stock worth $13,455,000 after purchasing an additional 21,918 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 18.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 453,004 shares of the company’s stock worth $11,543,000 after purchasing an additional 71,336 shares during the period. Finally, Moulton Wealth Management Inc. lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 255.2% during the 2nd quarter. Moulton Wealth Management Inc. now owns 440,775 shares of the company’s stock worth $11,196,000 after purchasing an additional 316,693 shares during the period.

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

Shares of SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.46 on Monday. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $23.92 and a fifty-two week high of $25.70. The firm has a market cap of $4.96 billion, a PE ratio of 0.90 and a beta of 0.36. The business’s fifty day moving average is $25.48 and its two-hundred day moving average is $25.22.

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.