Whittier Trust Co. Sells 601 Shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Whittier Trust Co. trimmed its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 11.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,657 shares of the company’s stock after selling 601 shares during the period. Whittier Trust Co.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $118,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SJNK. JPMorgan Chase & Co. raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 56.7% during the third quarter. JPMorgan Chase & Co. now owns 1,719,688 shares of the company’s stock valued at $44,282,000 after acquiring an additional 621,928 shares during the last quarter. AMJ Financial Wealth Management purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter valued at about $12,408,000. iA Global Asset Management Inc. increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 24.1% during the third quarter. iA Global Asset Management Inc. now owns 1,554,800 shares of the company’s stock valued at $40,036,000 after buying an additional 302,100 shares during the period. Bank of New York Mellon Corp increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 9.0% during the fourth quarter. Bank of New York Mellon Corp now owns 1,605,541 shares of the company’s stock valued at $40,540,000 after buying an additional 132,268 shares during the period. Finally, Eldridge Investment Advisors Inc. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter valued at about $1,199,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of NYSEARCA SJNK opened at $25.27 on Monday. 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’s 50-day moving average is $25.44 and its 200 day moving average is $25.47. The stock has a market capitalization of $5.08 billion, a P/E ratio of 0.91 and a beta of 0.37.

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.