Icon Advisers Inc. Co. Takes $1.14 Million Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Icon Advisers Inc. Co. acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 45,777 shares of the company’s stock, valued at approximately $1,144,000.

Several other institutional investors have also recently bought and sold shares of the stock. NewEdge Advisors LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the 1st 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. Franklin Resources Inc. bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth $36,000. Peapack Gladstone Financial Corp raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.1% during the second quarter. Peapack Gladstone Financial Corp now owns 27,510 shares of the company’s stock worth $701,000 after acquiring an additional 1,585 shares during the last quarter. Bank of America Corp DE raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 11.5% during the second quarter. Bank of America Corp DE now owns 2,789,991 shares of the company’s stock worth $71,089,000 after acquiring an additional 287,647 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% during the second quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock valued at $96,000 after acquiring an additional 519 shares during the period.

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

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.86 on Thursday. The business’s 50-day simple moving average is $24.98 and its 200 day simple moving average is $25.11. The stock has a market cap of $4.90 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $24.72 and a 12-month 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.