Caldwell Trust Co Increases Stake in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Caldwell Trust Co increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 5.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 374,375 shares of the company’s stock after purchasing an additional 20,836 shares during the period. Caldwell Trust Co owned 0.20% of SPDR Bloomberg Short Term High Yield Bond ETF worth $9,352,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. NewEdge Advisors LLC increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1.4% during the 1st quarter. NewEdge Advisors LLC now owns 33,319 shares of the company’s stock valued at $838,000 after purchasing an additional 469 shares in the last quarter. Franklin Resources Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth $36,000. Peapack Gladstone Financial Corp grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.1% during the second quarter. Peapack Gladstone Financial Corp now owns 27,510 shares of the company’s stock valued at $701,000 after buying an additional 1,585 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 11.5% during the second quarter. Bank of America Corp DE now owns 2,789,991 shares of the company’s stock valued at $71,089,000 after buying an additional 287,647 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 15.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 3,784 shares of the company’s stock valued at $96,000 after acquiring an additional 519 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK stock opened at $25.01 on Friday. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29. The business 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.

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.