SPDR Bloomberg Short Term High Yield Bond ETF $SJNK is Berkshire Money Management Inc.’s 7th Largest Position

Berkshire Money Management Inc. decreased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 4.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,681,308 shares of the company’s stock after selling 74,471 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF accounts for approximately 4.3% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 7th largest holding. Berkshire Money Management Inc. owned 0.91% of SPDR Bloomberg Short Term High Yield Bond ETF worth $41,999,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 33.3% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,000,000 shares of the company’s stock worth $25,000 after buying an additional 250,000 shares during the last quarter. Ameriflex Group Inc. boosted its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% in the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock valued at $30,000 after acquiring an additional 970 shares during the last quarter. City Holding Co. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter worth $32,000. Franklin Resources Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth $36,000. Finally, Private Wealth Asset Management LLC raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% during the fourth quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock worth $61,000 after purchasing an additional 1,500 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA SJNK opened at $25.01 on Friday. The company has a market capitalization of $4.77 billion, a PE ratio of 0.90 and a beta of 0.29. The company has a fifty day moving average of $25.05 and a 200 day moving average of $25.16. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.72 and a 1 year high of $25.65.

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.