SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Reaches New 1-Year High at $25.74

SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $25.74 and last traded at $25.67, with a volume of 138783 shares changing hands. The stock had previously closed at $25.63.

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

The firm’s fifty day moving average price is $25.31 and its 200 day moving average price is $25.10. The firm has a market capitalization of $4.73 billion, a PE ratio of 0.91 and a beta of 0.26.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Richardson Financial Services Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at $55,000. Ashton Thomas Private Wealth LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter worth $152,000. Nations Financial Group Inc. IA ADV lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 20.8% during the 4th 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 last quarter. Fiduciary Trust Co acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter worth $305,000. Finally, ARK & TLK Investments LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter worth $364,000.

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.