Balefire LLC Has $469,000 Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Balefire LLC lessened its holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 74.7% during the first quarter, HoldingsChannel.com reports. The firm owned 18,777 shares of the company’s stock after selling 55,504 shares during the period. Balefire LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $469,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. City Holding Co. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at $32,000. Franklin Resources Inc. bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter worth about $36,000. Ascentis Independent Advisors acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 1st quarter worth about $55,000. Private Wealth Asset Management LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 167.0% during the 4th quarter. Private Wealth Asset Management LLC now owns 2,398 shares of the company’s stock worth $61,000 after buying an additional 1,500 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at about $65,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

Shares of NYSEARCA SJNK opened at $24.92 on Tuesday. The business has a 50-day moving average of $24.98 and a 200-day moving average of $25.11. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 0.90 and a beta of 0.29. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $24.72 and a fifty-two week 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.