SG Americas Securities LLC Purchases Shares of 136,054 SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

SG Americas Securities LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 136,054 shares of the company’s stock, valued at approximately $3,445,000.

Other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 282.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 448,204 shares of the company’s stock valued at $11,384,000 after purchasing an additional 331,032 shares during the period. Maridea Wealth Management LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth approximately $237,000. TrueWealth Advisors LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 5.1% in the 4th quarter. TrueWealth Advisors LLC now owns 158,088 shares of the company’s stock valued at $4,003,000 after purchasing an additional 7,666 shares during the last quarter. Sterling Manor Financial LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.4% in the 4th quarter. Sterling Manor Financial LLC now owns 330,085 shares of the company’s stock valued at $8,358,000 after purchasing an additional 7,736 shares during the last quarter. Finally, QP Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at $532,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.2%

SJNK stock opened at $24.93 on Friday. The company has a market cap of $5.24 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31. The business has a fifty day simple moving average of $25.15 and a 200-day simple moving average of $25.31. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.92 and a 52 week 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.