Atria Investments Inc Reduces Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Atria Investments Inc cut its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 46.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 379,372 shares of the company’s stock after selling 331,823 shares during the period. Atria Investments Inc owned 0.18% of SPDR Bloomberg Short Term High Yield Bond ETF worth $9,712,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SJNK. Echo45 Advisors LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.3% in the third quarter. Echo45 Advisors LLC now owns 338,070 shares of the company’s stock worth $8,655,000 after acquiring an additional 7,629 shares during the period. Stratos Wealth Partners LTD. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 16.1% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 59,162 shares of the company’s stock worth $1,515,000 after purchasing an additional 8,192 shares during the period. Oppenheimer & Co. Inc. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 7.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 41,469 shares of the company’s stock valued at $1,062,000 after buying an additional 2,965 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 0.4% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 176,850 shares of the company’s stock valued at $4,527,000 after buying an additional 679 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 129.3% during the third quarter. Boyd Watterson Asset Management LLC OH now owns 3,162 shares of the company’s stock valued at $81,000 after buying an additional 1,783 shares during the period.

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

SJNK stock opened at $25.29 on Friday. The firm has a 50 day moving average of $25.36 and a 200-day moving average of $25.40. The firm has a market capitalization of $5.31 billion, a P/E 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.

SPDR Bloomberg Short Term High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.1397 dividend. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.