Waterloo Capital L.P. Reduces Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Waterloo Capital L.P. cut its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 7.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 248,927 shares of the company’s stock after selling 20,798 shares during the quarter. Waterloo Capital L.P.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $6,216,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. iA Global Asset Management Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at approximately $31,280,000. AMJ Financial Wealth Management purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth $12,452,000. Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth $10,312,000. Janney Montgomery Scott LLC grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 42.9% during the first quarter. Janney Montgomery Scott LLC now owns 392,148 shares of the company’s stock valued at $9,890,000 after buying an additional 117,662 shares during the last quarter. Finally, Fifth Third Securities Inc. grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.8% during the second quarter. Fifth Third Securities Inc. now owns 187,129 shares of the company’s stock valued at $4,673,000 after buying an additional 11,836 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK stock opened at $25.60 on Wednesday. The business has a fifty day moving average of $25.27 and a 200 day moving average of $25.09. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.90 and a 1 year high of $25.63. The firm has a market capitalization of $4.71 billion, a price-to-earnings ratio of 0.91 and a beta of 0.26.

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.