Fifth Third Securities Inc. Grows Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Fifth Third Securities Inc. grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 16.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,293 shares of the company’s stock after acquiring an additional 24,159 shares during the period. Fifth Third Securities Inc. owned 0.10% of SPDR Bloomberg Short Term High Yield Bond ETF worth $4,421,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Ameriprise Financial Inc. boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 17.7% in the third quarter. Ameriprise Financial Inc. now owns 9,089,567 shares of the company’s stock valued at $222,110,000 after acquiring an additional 1,367,216 shares during the period. Baker Avenue Asset Management LP boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 195,212.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 253,906 shares of the company’s stock valued at $6,211,000 after purchasing an additional 253,776 shares in the last quarter. Arden Trust Co grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 137.1% during the 4th quarter. Arden Trust Co now owns 125,448 shares of the company’s stock valued at $3,154,000 after purchasing an additional 72,542 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in SPDR Bloomberg Short Term High Yield Bond ETF by 54.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 9,284 shares of the company’s stock worth $233,000 after purchasing an additional 3,290 shares during the period. Finally, SG Americas Securities LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter worth $30,015,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA SJNK traded down $0.19 during trading on Monday, hitting $24.78. 2,673,577 shares of the company’s stock traded hands, compared to its average volume of 4,042,397. The stock has a fifty day moving average of $24.95 and a two-hundred day moving average of $25.05. SPDR Bloomberg Short Term High Yield Bond ETF has a 12-month low of $23.90 and a 12-month high of $25.33. The firm has a market cap of $4.56 billion, a P/E ratio of 0.91 and a beta of 0.26.

SPDR Bloomberg Short Term High Yield Bond ETF 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.