SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Sees Unusually-High Trading Volume

SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNKGet Free Report) shares saw strong trading volume on Monday . 1,299,435 shares changed hands during mid-day trading, a decline of 66% from the previous session’s volume of 3,856,674 shares.The stock last traded at $25.56 and had previously closed at $25.53.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.2 %

The firm has a market cap of $4.71 billion, a PE ratio of 0.91 and a beta of 0.26. The stock’s 50 day moving average price is $25.25 and its 200 day moving average price is $25.08.

Institutional Investors Weigh In On SPDR Bloomberg Short Term High Yield Bond ETF

Institutional investors have recently modified their holdings of the stock. Richardson Financial Services Inc. bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth $55,000. Tidemark LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at about $139,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at about $152,000. Nations Financial Group Inc. IA ADV raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 20.8% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 11,900 shares of the company’s stock worth $299,000 after acquiring an additional 2,050 shares during the period. Finally, Fiduciary Trust Co bought a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter worth about $305,000.

SPDR Bloomberg Short Term High Yield Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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