AA Financial Advisors LLC Acquires 72,187 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

AA Financial Advisors LLC boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 197.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 108,728 shares of the company’s stock after acquiring an additional 72,187 shares during the period. AA Financial Advisors LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $2,753,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the first quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock worth $838,000 after purchasing an additional 469 shares during the period. Franklin Resources Inc. acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $36,000. XTX Topco Ltd acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at about $248,000. Trustmark Bank Trust Department boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 1.0% during the second quarter. Trustmark Bank Trust Department now owns 263,393 shares of the company’s stock worth $6,711,000 after buying an additional 2,638 shares during the last quarter. Finally, Icon Advisers Inc. Co. boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 200.0% during the second quarter. Icon Advisers Inc. Co. now owns 30,000 shares of the company’s stock worth $764,000 after buying an additional 20,000 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock opened at $24.75 on Monday. The firm has a market capitalization of $5.20 billion, a P/E ratio of 0.90 and a beta of 0.31. The business has a 50-day moving average of $25.19 and a 200-day moving average of $25.32. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.92 and a 1 year high of $25.65.

SPDR Bloomberg Short Term High Yield Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.144 per share. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from SPDR Bloomberg Short Term High Yield Bond ETF’s previous monthly dividend of $0.14.

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.