SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Howard Financial Services LTD.

Howard Financial Services LTD. lessened its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 839,936 shares of the company’s stock after selling 28,064 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises about 2.5% of Howard Financial Services LTD.’s holdings, making the stock its 11th largest holding. Howard Financial Services LTD.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $21,267,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 60.5% during the third quarter. Commonwealth Equity Services LLC now owns 384,943 shares of the company’s stock worth $9,855,000 after purchasing an additional 145,113 shares in the last quarter. Blue Capital Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at $3,464,000. Guggenheim Capital LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 11.3% during the 2nd quarter. Guggenheim Capital LLC now owns 332,304 shares of the company’s stock valued at $8,467,000 after purchasing an additional 33,722 shares in the last quarter. Sowell Financial Services LLC grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 93.8% during the 3rd quarter. Sowell Financial Services LLC now owns 154,089 shares of the company’s stock valued at $3,945,000 after purchasing an additional 74,594 shares in the last quarter. Finally, Edgestream Partners L.P. purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter worth $698,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK stock opened at $24.87 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $23.92 and a 12 month high of $25.65. The firm has a market capitalization of $5.23 billion, a P/E ratio of 0.90 and a beta of 0.31. The company’s fifty day moving average price is $25.23 and its two-hundred day moving average price is $25.34.

SPDR Bloomberg Short Term High Yield Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.144 dividend. This represents a c) annualized dividend and a dividend yield of 6.9%. This is a positive change from SPDR Bloomberg Short Term High Yield Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd.

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.