SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Shares Purchased by Drive Wealth Management LLC

Drive Wealth Management LLC lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 18.8% in the fourth quarter, Holdings Channel reports. The firm owned 144,422 shares of the company’s stock after buying an additional 22,832 shares during the period. Drive Wealth Management LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $3,657,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 60.5% in the 3rd 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. Envestnet Asset Management Inc. boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,814,275 shares of the company’s stock worth $72,045,000 after purchasing an additional 72,880 shares in the last quarter. Altus Wealth Management LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 29.5% in the 4th quarter. Altus Wealth Management LLC now owns 119,388 shares of the company’s stock worth $3,023,000 after purchasing an additional 27,172 shares in the last quarter. AA Financial Advisors LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 197.6% in the 4th quarter. AA Financial Advisors LLC now owns 108,728 shares of the company’s stock worth $2,753,000 after purchasing an additional 72,187 shares in the last quarter. Finally, Curran Financial Partners LLC boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.6% in the 4th quarter. Curran Financial Partners LLC now owns 626,985 shares of the company’s stock worth $15,875,000 after purchasing an additional 44,051 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $25.09 on Monday. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $24.72 and a 1-year high of $25.65. The business has a fifty day moving average price of $25.05 and a 200-day moving average price of $25.25.

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.