Cwm LLC Sells 76,655 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Cwm LLC cut its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 16.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 389,100 shares of the company’s stock after selling 76,655 shares during the period. Cwm LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $9,961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of SJNK. RMG Wealth Management LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at approximately $62,337,000. iA Global Asset Management Inc. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1,806.3% during the second quarter. iA Global Asset Management Inc. now owns 2,419,136 shares of the company’s stock worth $61,640,000 after buying an additional 2,292,236 shares during the period. Allspring Global Investments Holdings LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter valued at $22,117,000. Quadrature Capital Ltd purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at $15,753,000. Finally, DAVENPORT & Co LLC raised its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 98.6% in the third quarter. DAVENPORT & Co LLC now owns 1,074,322 shares of the company’s stock valued at $27,503,000 after acquiring an additional 533,342 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.1%

SJNK stock opened at $25.30 on Monday. The stock has a market cap of $5.31 billion, a PE ratio of 0.90 and a beta of 0.31. 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 company has a 50-day moving average price of $25.34 and a 200 day moving average price of $25.39.

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.