UBS Group AG Purchases 43,582 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

UBS Group AG increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 3.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,270,642 shares of the company’s stock after acquiring an additional 43,582 shares during the quarter. UBS Group AG’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $32,173,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 0.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 117,172 shares of the company’s stock worth $2,982,000 after buying an additional 436 shares during the period. NewEdge Advisors LLC increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% in the 1st quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock worth $838,000 after buying an additional 469 shares during the period. Smartleaf Asset Management LLC increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock worth $96,000 after buying an additional 519 shares during the period. Cardiff Park Advisors LLC increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1.0% in the 3rd quarter. Cardiff Park Advisors LLC now owns 52,632 shares of the company’s stock worth $1,347,000 after buying an additional 537 shares during the period. Finally, CoreCap Advisors LLC increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 17.5% in the 4th quarter. CoreCap Advisors LLC now owns 3,920 shares of the company’s stock worth $99,000 after buying an additional 583 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

SJNK stock opened at $25.09 on Friday. The company has a market capitalization of $4.79 billion, a PE ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $24.72 and a 12 month high of $25.65. The firm’s 50-day moving average is $25.05 and its 200 day moving average is $25.25.

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.