Empirical Financial Services LLC d.b.a. Empirical Wealth Management Raises Stake in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 6.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,522,304 shares of the company’s stock after buying an additional 211,827 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises approximately 1.6% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s investment portfolio, making the stock its 14th largest holding. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $89,185,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SJNK. Royal Fund Management LLC purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at $231,000. Silver Oak Securities Incorporated purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth $216,000. Global View Capital Management LLC raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 3.7% during the fourth quarter. Global View Capital Management LLC now owns 32,749 shares of the company’s stock worth $829,000 after purchasing an additional 1,181 shares during the last quarter. AA Financial Advisors LLC lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 197.6% during the fourth quarter. AA Financial Advisors LLC now owns 108,728 shares of the company’s stock valued at $2,753,000 after purchasing an additional 72,187 shares during the period. Finally, Cypress Financial Planning LLC lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 9.0% during the fourth quarter. Cypress Financial Planning LLC now owns 62,616 shares of the company’s stock valued at $1,585,000 after purchasing an additional 5,162 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

NYSEARCA:SJNK opened at $24.88 on Thursday. The firm’s fifty day moving average is $25.16 and its two-hundred day moving average is $25.31. The firm has a market cap of $5.23 billion, a price-to-earnings ratio of 0.90 and a beta of 0.31. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.92 and a one year high of $25.65.

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.