Shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $25.74 and last traded at $25.74, with a volume of 1458788 shares trading hands. The stock had previously closed at $25.67.
SPDR Bloomberg Short Term High Yield Bond ETF Price Performance
The stock’s 50-day moving average is $25.35 and its two-hundred day moving average is $25.11. The company has a market cap of $4.74 billion, a P/E ratio of 0.91 and a beta of 0.26.
Institutional Trading of SPDR Bloomberg Short Term High Yield Bond ETF
A number of large investors have recently made changes to their positions in the stock. Waterloo Capital L.P. acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at $5,502,000. Richardson Financial Services Inc. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at $55,000. AMJ Financial Wealth Management acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at $12,452,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $152,000. Finally, Fifth Third Securities Inc. grew its position in SPDR Bloomberg Short Term High Yield Bond ETF by 16.0% in the 1st quarter. Fifth Third Securities Inc. now owns 175,293 shares of the company’s stock valued at $4,421,000 after buying an additional 24,159 shares during the last quarter.
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.
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