IAG Wealth Partners LLC Invests $575,000 in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

IAG Wealth Partners LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 23,284 shares of the company’s stock, valued at approximately $575,000.

Several other institutional investors have also modified their holdings of SJNK. Fiduciary Alliance LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 2nd quarter valued at about $58,000. BNP Paribas Arbitrage SA purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at about $125,000. SVB Wealth LLC purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the 1st quarter valued at about $201,000. Cary Street Partners Investment Advisory LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 9.9% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 8,468 shares of the company’s stock valued at $209,000 after buying an additional 766 shares during the period. Finally, High Net Worth Advisory Group LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 41.7% in the 1st quarter. High Net Worth Advisory Group LLC now owns 8,500 shares of the company’s stock valued at $223,000 after buying an additional 2,500 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.0 %

SJNK traded down $0.01 on Monday, hitting $24.56. The company had a trading volume of 805,853 shares, compared to its average volume of 5,113,307. The firm has a market cap of $3.89 billion, a P/E ratio of 27.58 and a beta of 0.36. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.90 and a 1 year high of $25.23. The company’s fifty day moving average price is $24.31 and its 200 day moving average price is $24.49.

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.