SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Position Increased by Lionshead Wealth Management LLC

Lionshead Wealth Management LLC grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 22.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,262 shares of the company’s stock after purchasing an additional 18,152 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF makes up about 2.3% of Lionshead Wealth Management LLC’s holdings, making the stock its 10th largest holding. Lionshead Wealth Management LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $2,504,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Ameriprise Financial Inc. grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% in the first 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 in the last quarter. Wealthfront Advisers LLC increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 6.5% during the second quarter. Wealthfront Advisers LLC now owns 3,479,826 shares of the company’s stock worth $88,666,000 after purchasing an additional 212,167 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% during the second 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 in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,741,395 shares of the company’s stock valued at $69,626,000 after purchasing an additional 71,029 shares during the period. Finally, RMG Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $62,337,000.

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

Shares of SJNK opened at $25.23 on Thursday. The company has a market cap of $5.29 billion, a P/E ratio of 0.90 and a beta of 0.31. 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’s 50 day moving average price is $25.43 and its 200 day moving average price is $25.35.

SPDR Bloomberg Short Term High Yield Bond ETF Company 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.