SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Stock Holdings Boosted by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 14.2% during the 4th quarter, Holdings Channel reports. The firm owned 17,715 shares of the company’s stock after purchasing an additional 2,206 shares during the period. Valley Wealth Managers Inc.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $447,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Private Trust Co. NA grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 98.3% during the third quarter. Private Trust Co. NA now owns 1,878 shares of the company’s stock worth $48,000 after acquiring an additional 931 shares during the period. BNP Paribas Financial Markets bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter valued at about $138,000. Captrust Financial Advisors grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 10,404 shares of the company’s stock worth $268,000 after purchasing an additional 698 shares during the last quarter. Gradient Capital Advisors LLC raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 10.8% in the 4th quarter. Gradient Capital Advisors LLC now owns 12,452 shares of the company’s stock worth $314,000 after purchasing an additional 1,211 shares in the last quarter. Finally, BTS Asset Management Inc. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter valued at approximately $317,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA:SJNK opened at $25.52 on Wednesday. The stock has a market capitalization of $4.70 billion, a price-to-earnings ratio of 0.91 and a beta of 0.26. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $24.67 and a 1-year high of $25.77. The company has a 50 day moving average price of $25.41 and a 200 day moving average price of $25.45.

About SPDR Bloomberg Short Term High Yield Bond ETF

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.