SouthState Corp Makes New $29,000 Investment in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

SouthState Corp acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,129 shares of the company’s stock, valued at approximately $29,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Private Trust Co. NA grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 98.3% in the 3rd quarter. Private Trust Co. NA now owns 1,878 shares of the company’s stock valued at $48,000 after acquiring an additional 931 shares during the period. BNP Paribas Financial Markets purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter valued at $138,000. ADG Wealth Management Group LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter valued at $202,000. Greatmark Investment Partners Inc. lifted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 6.7% in the fourth quarter. Greatmark Investment Partners Inc. now owns 10,350 shares of the company’s stock valued at $261,000 after acquiring an additional 650 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 10,404 shares of the company’s stock worth $268,000 after purchasing an additional 698 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.2 %

Shares of NYSEARCA:SJNK opened at $25.20 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.67 and a 52-week high of $25.77. The stock has a market cap of $5.07 billion, a P/E ratio of 0.91 and a beta of 0.37. The business has a fifty day moving average of $25.44 and a two-hundred day moving average of $25.47.

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.