Valley Wealth Managers Inc. Increases Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Valley Wealth Managers Inc. lifted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 80.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,509 shares of the company’s stock after buying an additional 6,892 shares during the period. Valley Wealth Managers Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $399,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SJNK. Nations Financial Group Inc. IA ADV grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 6.4% during the second quarter. Nations Financial Group Inc. IA ADV now owns 14,530 shares of the company’s stock worth $363,000 after acquiring an additional 880 shares during the period. Arkadios Wealth Advisors boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 5.7% during the 3rd quarter. Arkadios Wealth Advisors now owns 17,188 shares of the company’s stock worth $443,000 after purchasing an additional 923 shares in the last quarter. NBC Securities Inc. grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 10.8% during the 3rd quarter. NBC Securities Inc. now owns 19,613 shares of the company’s stock worth $505,000 after purchasing an additional 1,915 shares during the period. IAG Wealth Partners LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 8.0% in the 3rd quarter. IAG Wealth Partners LLC now owns 59,264 shares of the company’s stock valued at $1,526,000 after purchasing an additional 4,393 shares in the last quarter. Finally, Bogart Wealth LLC lifted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.4% in the third quarter. Bogart Wealth LLC now owns 72,836 shares of the company’s stock valued at $1,876,000 after purchasing an additional 5,007 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.0 %

SJNK stock opened at $25.48 on Friday. The company’s 50-day moving average price is $25.54 and its 200 day moving average price is $25.24. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $24.49 and a 52 week high of $25.77. The company has a market cap of $4.69 billion, a P/E ratio of 0.91 and a beta of 0.26.

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.