Janney Montgomery Scott LLC Sells 316,493 Shares of SPDR Bloomberg Short Term High Yield Bond ETF $SJNK

Janney Montgomery Scott LLC trimmed its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 56.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 245,481 shares of the company’s stock after selling 316,493 shares during the quarter. Janney Montgomery Scott LLC owned about 0.13% of SPDR Bloomberg Short Term High Yield Bond ETF worth $6,132,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Tower Research Capital LLC TRC grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 649,964.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,294,726 shares of the company’s stock worth $58,102,000 after buying an additional 2,294,373 shares during the last quarter. iA Global Asset Management Inc. lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 40.5% during the fourth quarter. iA Global Asset Management Inc. now owns 7,069,236 shares of the company’s stock valued at $178,993,000 after acquiring an additional 2,037,400 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 8.4% in the third quarter. Ameriprise Financial Inc. now owns 17,098,748 shares of the company’s stock valued at $436,856,000 after acquiring an additional 1,319,118 shares in the last quarter. Shenkman Capital Management Inc. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 381.0% in the fourth quarter. Shenkman Capital Management Inc. now owns 1,443,140 shares of the company’s stock worth $37,539,000 after purchasing an additional 1,143,095 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 2,175.2% in the third quarter. American Century Companies Inc. now owns 1,017,017 shares of the company’s stock worth $26,036,000 after purchasing an additional 972,317 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

Shares of SJNK stock opened at $24.93 on Friday. 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 business’s fifty day simple moving average is $25.03 and its 200-day simple moving average is $25.14. The company has a market cap 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.