DAVENPORT & Co LLC Purchases 533,342 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

DAVENPORT & Co LLC lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 98.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,074,322 shares of the company’s stock after purchasing an additional 533,342 shares during the period. DAVENPORT & Co LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $27,503,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Wealthfront Advisers LLC lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 6.5% in the 2nd quarter. Wealthfront Advisers LLC now owns 3,479,826 shares of the company’s stock worth $88,666,000 after buying an additional 212,167 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 4.7% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,145,151 shares of the company’s stock valued at $80,138,000 after acquiring an additional 141,129 shares in the last quarter. Bank of America Corp DE lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 11.5% in the second quarter. Bank of America Corp DE now owns 2,789,991 shares of the company’s stock worth $71,089,000 after acquiring an additional 287,647 shares during the period. Envestnet Asset Management Inc. boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 2.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,741,395 shares of the company’s stock valued at $69,626,000 after acquiring an additional 71,029 shares in the last quarter. Finally, RMG Wealth Management LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at $62,337,000.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.2%

Shares of NYSEARCA SJNK opened at $25.32 on Thursday. The firm has a fifty day simple moving average of $25.35 and a two-hundred day simple moving average of $25.39. SPDR Bloomberg Short Term High Yield Bond ETF has a 12 month low of $23.92 and a 12 month high of $25.65. The firm has a market capitalization of $5.31 billion, a PE ratio of 0.90 and a beta of 0.31.

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.