Ritholtz Wealth Management raised its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 248.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,614 shares of the company’s stock after buying an additional 56,784 shares during the quarter. Ritholtz Wealth Management’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $1,931,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Bancorp Inc ME acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth $28,000. Jacobi Capital Management LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter valued at about $28,000. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the third quarter valued at about $50,000. Continuum Advisory LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $58,000. Finally, Tucker Asset Management LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $74,000.
SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance
Shares of SJNK stock traded down $0.02 on Friday, hitting $24.01. The company’s stock had a trading volume of 2,311,865 shares, compared to its average volume of 3,358,137. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $23.97 and a fifty-two week high of $25.49. The company has a market capitalization of $4.30 billion, a PE ratio of 0.90 and a beta of 0.31. The stock’s 50 day moving average is $24.28 and its 200-day moving average is $24.83.
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.
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