IAG Wealth Partners LLC Has $1.53 Million Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

IAG Wealth Partners LLC boosted its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 8.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,264 shares of the company’s stock after buying an additional 4,393 shares during the quarter. IAG Wealth Partners LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $1,526,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SJNK. Marshall Wace LLP bought a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter worth about $3,099,000. Ashton Thomas Private Wealth LLC bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter worth approximately $152,000. AMJ Financial Wealth Management acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth approximately $12,452,000. Arkadios Wealth Advisors bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the second quarter valued at approximately $406,000. Finally, Fifth Third Securities Inc. grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.8% in the second quarter. Fifth Third Securities Inc. now owns 187,129 shares of the company’s stock worth $4,673,000 after acquiring an additional 11,836 shares during the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

NYSEARCA:SJNK remained flat at $25.32 during trading hours on Friday. 5,310,757 shares of the company traded hands, compared to its average volume of 3,758,623. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $24.17 and a 1 year high of $25.77. The stock’s fifty day moving average price is $25.53 and its 200-day moving average price is $25.20. The company has a market capitalization of $4.66 billion, a PE ratio of 0.91 and a beta of 0.26.

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.