MGO One Seven LLC Sells 47,521 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

MGO One Seven LLC reduced its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 57.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 35,085 shares of the company’s stock after selling 47,521 shares during the period. MGO One Seven LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $888,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 0.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 117,172 shares of the company’s stock worth $2,982,000 after acquiring an additional 436 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the 1st quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock worth $838,000 after acquiring an additional 469 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock worth $96,000 after acquiring an additional 519 shares during the last quarter. Cardiff Park Advisors LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.0% during the 3rd quarter. Cardiff Park Advisors LLC now owns 52,632 shares of the company’s stock worth $1,347,000 after acquiring an additional 537 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 17.5% during the 4th quarter. CoreCap Advisors LLC now owns 3,920 shares of the company’s stock worth $99,000 after acquiring an additional 583 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK stock opened at $25.00 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.72 and a 52-week high of $25.65. The firm has a market capitalization of $4.77 billion, a P/E ratio of 0.90 and a beta of 0.29. The stock has a 50 day moving average price of $25.03 and a 200 day moving average price of $25.24.

About SPDR Bloomberg Short Term High Yield Bond ETF

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.