Fifth Third Bancorp Has $814,000 Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Fifth Third Bancorp increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 6,591.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,586 shares of the company’s stock after buying an additional 32,099 shares during the quarter. Fifth Third Bancorp’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $814,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Tower Research Capital LLC TRC grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 649,964.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,294,726 shares of the company’s stock valued at $58,102,000 after acquiring an additional 2,294,373 shares during the period. iA Global Asset Management Inc. lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% during the fourth quarter. iA Global Asset Management Inc. now owns 7,069,236 shares of the company’s stock valued at $178,993,000 after acquiring an additional 2,037,400 shares during the period. Shenkman Capital Management Inc. lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 381.0% during the fourth quarter. Shenkman Capital Management Inc. now owns 1,443,140 shares of the company’s stock valued at $37,539,000 after acquiring an additional 1,143,095 shares during the period. Jane Street Group LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter valued at $12,512,000. Finally, Raymond James Financial Inc. boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 56.7% in the 3rd quarter. Raymond James Financial Inc. now owns 1,059,175 shares of the company’s stock valued at $27,115,000 after purchasing an additional 383,227 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK opened at $24.80 on Tuesday. The firm’s 50-day simple moving average is $24.97 and its 200-day simple moving average is $25.10. SPDR Bloomberg Short Term High Yield Bond ETF has a twelve month low of $24.72 and a twelve month high of $25.65. The firm has a market cap of $4.90 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29.

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.