SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Position Boosted by Farmers & Merchants Trust Co of Chambersburg PA

Farmers & Merchants Trust Co of Chambersburg PA increased its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 9.9% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 326,417 shares of the company’s stock after purchasing an additional 29,433 shares during the period. SPDR Bloomberg Short Term High Yield Bond ETF accounts for about 2.2% of Farmers & Merchants Trust Co of Chambersburg PA’s investment portfolio, making the stock its 11th biggest holding. Farmers & Merchants Trust Co of Chambersburg PA owned about 0.17% of SPDR Bloomberg Short Term High Yield Bond ETF worth $8,154,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ascentis Independent Advisors bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter worth approximately $55,000. World Investment Advisors increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 5.9% in the 1st quarter. World Investment Advisors now owns 199,231 shares of the company’s stock valued at $4,977,000 after acquiring an additional 11,135 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 8.1% in the 1st quarter. Private Advisor Group LLC now owns 96,962 shares of the company’s stock valued at $2,422,000 after acquiring an additional 7,270 shares during the last quarter. Blue Capital Inc. raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 27.6% during the 1st quarter. Blue Capital Inc. now owns 277,606 shares of the company’s stock valued at $6,935,000 after acquiring an additional 60,112 shares in the last quarter. Finally, Patten Group Inc. raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 158.3% during the 1st quarter. Patten Group Inc. now owns 21,125 shares of the company’s stock valued at $528,000 after acquiring an additional 12,945 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of SJNK opened at $24.90 on Thursday. The business’s fifty day moving average price is $25.01 and its 200 day moving average price is $25.14. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $24.72 and a 12-month high of $25.65. The stock has a market capitalization of $4.87 billion, a PE ratio of 0.90 and a beta of 0.29.

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.