SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 60.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,452 shares of the company’s stock after selling 64,500 shares during the period. Hsbc Holdings PLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $1,056,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriprise Financial Inc. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 48.8% in the 1st quarter. Ameriprise Financial Inc. now owns 18,679,447 shares of the company’s stock worth $474,132,000 after buying an additional 6,124,456 shares in the last quarter. Wealthfront Advisers LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 6.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 3,479,826 shares of the company’s stock worth $88,666,000 after acquiring an additional 212,167 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% in 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. grew 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 worth $69,626,000 after purchasing an additional 71,029 shares in the last quarter. Finally, RMG Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter valued at $62,337,000.

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

Shares of NYSEARCA SJNK opened at $25.33 on Tuesday. The stock has a market cap of $5.31 billion, a P/E ratio of 0.90 and a beta of 0.31. The firm’s 50-day simple moving average is $25.37 and its 200 day simple moving average is $25.38. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $23.92 and a fifty-two week high of $25.65.

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.